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DATE : 2013-08-06
On 29 Sep 2012, an explosion and fire happened at the Himeji Plant of Nippon Shokubai Co Ltd. The accident caused one employee dead and others injured. The company had received an order to suspend operations of
the facilities of hazardous substances in the plant and several lift of restrictions. On 6 Jul 2013, Nippon Shokubai Co received another lift of restrictions for total 5 facilities including production facilities and outdoor tanks for public safety. This enables the company to restart one of the acrylic acid production facilities, which is different from the damaged facilities and production facilities for acrylates, methacrylic acid and special methacrylates, and to produce all kinds of products in the Himeji Plant.
SOURCE : Icis News
On 29 Sep 2012, an explosion and fire happened at the Himeji Plant of Nippon Shokubai Co Ltd. The accident caused one employee dead and others injured. The company had received an order to suspend operations of
the facilities of hazardous substances in the plant and several lift of restrictions. On 6 Jul 2013, Nippon Shokubai Co received another lift of restrictions for total 5 facilities including production facilities and outdoor tanks for public safety. This enables the company to restart one of the acrylic acid production facilities, which is different from the damaged facilities and production facilities for acrylates, methacrylic acid and special methacrylates, and to produce all kinds of products in the Himeji Plant.
SOURCE : Icis News
DATE : 2013-07-26
The global acrylic acid market has witnessed strong growth in the recent years due to rising demand from super absorbent polymers and adhesives and sealants industry, as per Transparency Market Research. Increasing demand for super absorbent polymers in emerging economies has remained the key driver for this industry. Moreover, increase in construction and building activities in emerging economies is expected to keep driving demand for the acrylic acid during the forecast period. Since, propylene is a key raw material used in the manufacture of acrylic acid and any fluctuations in the prices of propylene significantly alters the profit margins of acrylic acid manufacturers. Volatile price of raw materials is one of the major factors inhibiting the acrylic acid market. The global prices of propylene reached USD 1800 per ton in 2011 and are expected to rise further due to increase in crude oil prices and supply constraints. Moreover, stringent regulations in North America and Europe are expected to affect market growth in the near future.
Asia Pacific dominated the market in terms of volume as well as revenue and accounted for over 40% of the global demand in 2012. Moreover, Asia Pacific is estimated to be the fastest growing region over the next six years and expected to grow at a CAGR of 6.0% from 2012 to 2018. The rapidly growing construction industry in emerging economies such as China, South Korea and India has propelled the growth of the acrylic acid and its derivatives market in the Asia Pacific region. North America and Europe accounted for second and third largest share of the global acrylic acid volume consumption in 2012.
Acrylic esters, glacial acrylic acid, ammonium polyacrylate and cyanopolyacrylate are the key derivatives of acrylic acid. Large volumes of acrylic acid were used for production of acrylate esters, which accounted for over 51% of total acrylic acid consumed in 2012. Methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate are the key types of acrylic esters and are most widely used in surface coatings, adhesives and sealants, textiles, plastic additives, printing ink, etc. However, it is expected to exhibit slowest growth among all derivatives of the acrylic acid during the forecast period. Glacial acrylic acid was the second largest outlet for the acrylic acid. Glacial acrylic is mainly employed in the manufacturing of super absorbent polymers. Super absorbent polymers are compounds of glacial acrylic acid mainly used in disposable hygiene applications. It is used in manufacturing baby diapers and training pants, adult diapers and feminine hygiene products. Poly acrylic acid is another important application of glacial acrylic acid and is mainly used in water treatment, detergent co-builder and mineral processing. Acrylic acid manufacturing is a capital intensive process and is dominated by large multinational companies. Some of the leading industry participants in this market include BASF SE, Dow Chemical, StoHass Monomer, Rohm and Haas, Formosa Plastics, Nikkon Shokubai, Arkema SA and so on.
SOURCE : Plastemart
The global acrylic acid market has witnessed strong growth in the recent years due to rising demand from super absorbent polymers and adhesives and sealants industry, as per Transparency Market Research. Increasing demand for super absorbent polymers in emerging economies has remained the key driver for this industry. Moreover, increase in construction and building activities in emerging economies is expected to keep driving demand for the acrylic acid during the forecast period. Since, propylene is a key raw material used in the manufacture of acrylic acid and any fluctuations in the prices of propylene significantly alters the profit margins of acrylic acid manufacturers. Volatile price of raw materials is one of the major factors inhibiting the acrylic acid market. The global prices of propylene reached USD 1800 per ton in 2011 and are expected to rise further due to increase in crude oil prices and supply constraints. Moreover, stringent regulations in North America and Europe are expected to affect market growth in the near future.
Asia Pacific dominated the market in terms of volume as well as revenue and accounted for over 40% of the global demand in 2012. Moreover, Asia Pacific is estimated to be the fastest growing region over the next six years and expected to grow at a CAGR of 6.0% from 2012 to 2018. The rapidly growing construction industry in emerging economies such as China, South Korea and India has propelled the growth of the acrylic acid and its derivatives market in the Asia Pacific region. North America and Europe accounted for second and third largest share of the global acrylic acid volume consumption in 2012.
Acrylic esters, glacial acrylic acid, ammonium polyacrylate and cyanopolyacrylate are the key derivatives of acrylic acid. Large volumes of acrylic acid were used for production of acrylate esters, which accounted for over 51% of total acrylic acid consumed in 2012. Methyl acrylate, ethyl acrylate, butyl acrylate, and 2-ethylhexyl acrylate are the key types of acrylic esters and are most widely used in surface coatings, adhesives and sealants, textiles, plastic additives, printing ink, etc. However, it is expected to exhibit slowest growth among all derivatives of the acrylic acid during the forecast period. Glacial acrylic acid was the second largest outlet for the acrylic acid. Glacial acrylic is mainly employed in the manufacturing of super absorbent polymers. Super absorbent polymers are compounds of glacial acrylic acid mainly used in disposable hygiene applications. It is used in manufacturing baby diapers and training pants, adult diapers and feminine hygiene products. Poly acrylic acid is another important application of glacial acrylic acid and is mainly used in water treatment, detergent co-builder and mineral processing. Acrylic acid manufacturing is a capital intensive process and is dominated by large multinational companies. Some of the leading industry participants in this market include BASF SE, Dow Chemical, StoHass Monomer, Rohm and Haas, Formosa Plastics, Nikkon Shokubai, Arkema SA and so on.
SOURCE : Plastemart
DATE : 2013-08-01
Italy-based chemicals producer Versalis will shut down its butadiene (BD) extraction unit in Brindisi for maintenance earlier than planned for market reasons, a company source said on Thursday.
The BD unit will be taken offline next week. A routine maintenance shutdown had been scheduled to begin at the end of August, lasting until the end of October.
The company source said that current BD prices - the August contract price recently settled at €750/tonne ($1000/tonne) - were at their lowest since the first quarter of 2009 and therefore it was uneconomical to produce.
The company source added that there are a number of derivative shutdowns during August which meant balances would be tricky to manage.
Although spot BD prices improved slightly over the past couple of weeks, they are still way below contract prices and BD producers are doing their best to avoid selling unwanted contract tonnes on the spot market.
Versalis owns and operates two BD extraction units in Italy. A 140,000 tonne/year unit in Ravenna and the 145,000 tonne/year unit in Brindisi, according to ICIS data.
SOURCE : Icis News
Italy-based chemicals producer Versalis will shut down its butadiene (BD) extraction unit in Brindisi for maintenance earlier than planned for market reasons, a company source said on Thursday.
The BD unit will be taken offline next week. A routine maintenance shutdown had been scheduled to begin at the end of August, lasting until the end of October.
The company source said that current BD prices - the August contract price recently settled at €750/tonne ($1000/tonne) - were at their lowest since the first quarter of 2009 and therefore it was uneconomical to produce.
The company source added that there are a number of derivative shutdowns during August which meant balances would be tricky to manage.
Although spot BD prices improved slightly over the past couple of weeks, they are still way below contract prices and BD producers are doing their best to avoid selling unwanted contract tonnes on the spot market.
Versalis owns and operates two BD extraction units in Italy. A 140,000 tonne/year unit in Ravenna and the 145,000 tonne/year unit in Brindisi, according to ICIS data.
SOURCE : Icis News
DATE : 2013-07-31
Styrene monomer supply in Asia's key market China could remain tight till October due to a new round of plant turnarounds in Northeast Asia and expectations of limited arbitrage volumes from the US, traders said this week.
The inventory level of SM held by traders in East China fell to the lowest level so far this year, heard at around 43,000-44,000 mt Friday, compared with 51,000 mt a week ago, sources said. In comparison, SM inventory levels in East China averaged 87,302 mt in 2012, according to Platts data.
Some traders said the inventory level and supply in China was likely to stay tight until at least the end of July, while others said it would last all the way until October.
One China-based trader said stock levels in China might only start to increase from the middle of October due to "less deepsea [cargoes]", adding that "till September, there are turnarounds and peak [demand] season."
Demand for expandable polystyrene, and feedstock SM, usually peaks in the warmer months of the year - typically around June to August/September -- due to demand from the construction sector.
In addition, a number of maintenance shutdowns have been planned at SM plants in Northeast Asia over August-October, traders said.
Taiwan's Formosa Chemicals Fiber Corp. plans to shut two of its SM plants at Mailiao for about one month each in August. The two units have a combined capacity of 600,000 mt/year. In the same month, Taiwan Styrene Monomer Company plans to shut its 200,000 mt/year No. 1 SM unit at Lin Yuan for about three weeks.
In September, Japan's Asahi Kasei will shut its largest SM plant, the 390,000 mt/year unit at Mizushima, for about 40 days, while around the same time, Nihon Oxirane will shut its 420,000 mt/year plant in Chiba for a month.
In South Korea, Samsung Total will shut its 650,000 mt/year plant in Daesan for three weeks, also in September.
There has also been market talk of Iran's Pars Petrochemical shutting its 600,000 mt/year plant at Assaluyeh for maintenance in the third quarter, and South Korea's Lotte Chemical shutting its 560,000 mt/year plant at Daesan for maintenance in September.
Meanwhile, market sources have said that SM supply from the US - for cargoes loading in July and early August for arrival in Asia in late August and September - is expected to be limited due to plant turnarounds there and competing high prices in the European market.
SM supply has been relatively tight since late 2012 due to a long series of turnarounds in Asia, as well as in the US and Europe, which has driven up prices on a global scale.
SOURCE : RIA Oreanda-News
Styrene monomer supply in Asia's key market China could remain tight till October due to a new round of plant turnarounds in Northeast Asia and expectations of limited arbitrage volumes from the US, traders said this week.
The inventory level of SM held by traders in East China fell to the lowest level so far this year, heard at around 43,000-44,000 mt Friday, compared with 51,000 mt a week ago, sources said. In comparison, SM inventory levels in East China averaged 87,302 mt in 2012, according to Platts data.
Some traders said the inventory level and supply in China was likely to stay tight until at least the end of July, while others said it would last all the way until October.
One China-based trader said stock levels in China might only start to increase from the middle of October due to "less deepsea [cargoes]", adding that "till September, there are turnarounds and peak [demand] season."
Demand for expandable polystyrene, and feedstock SM, usually peaks in the warmer months of the year - typically around June to August/September -- due to demand from the construction sector.
In addition, a number of maintenance shutdowns have been planned at SM plants in Northeast Asia over August-October, traders said.
Taiwan's Formosa Chemicals Fiber Corp. plans to shut two of its SM plants at Mailiao for about one month each in August. The two units have a combined capacity of 600,000 mt/year. In the same month, Taiwan Styrene Monomer Company plans to shut its 200,000 mt/year No. 1 SM unit at Lin Yuan for about three weeks.
In September, Japan's Asahi Kasei will shut its largest SM plant, the 390,000 mt/year unit at Mizushima, for about 40 days, while around the same time, Nihon Oxirane will shut its 420,000 mt/year plant in Chiba for a month.
In South Korea, Samsung Total will shut its 650,000 mt/year plant in Daesan for three weeks, also in September.
There has also been market talk of Iran's Pars Petrochemical shutting its 600,000 mt/year plant at Assaluyeh for maintenance in the third quarter, and South Korea's Lotte Chemical shutting its 560,000 mt/year plant at Daesan for maintenance in September.
Meanwhile, market sources have said that SM supply from the US - for cargoes loading in July and early August for arrival in Asia in late August and September - is expected to be limited due to plant turnarounds there and competing high prices in the European market.
SM supply has been relatively tight since late 2012 due to a long series of turnarounds in Asia, as well as in the US and Europe, which has driven up prices on a global scale.
SOURCE : RIA Oreanda-News
DATE : 2013-08-02
Brazil plans to lift its anti-dumping duties on US-made Butyl Acrylate (butyl-A) in March 2014, a government agency said on Friday.
The anti-dumping duties on butyl-A were applied on 25 March 2009, according to he Brazil Chamber of Foreign Trade (Camex).
Likewise, anti-dumping duties to imports of truck and bus tyres from China were applied in 18 June 2009 and will end on 18 June 2014, Camex said.
Tyres are a key end market for styrene butadiene rubber (SBR).
SOURCE : Icis News
Brazil plans to lift its anti-dumping duties on US-made Butyl Acrylate (butyl-A) in March 2014, a government agency said on Friday.
The anti-dumping duties on butyl-A were applied on 25 March 2009, according to he Brazil Chamber of Foreign Trade (Camex).
Likewise, anti-dumping duties to imports of truck and bus tyres from China were applied in 18 June 2009 and will end on 18 June 2014, Camex said.
Tyres are a key end market for styrene butadiene rubber (SBR).
SOURCE : Icis News
DATE : 2013-08-14
Germany-based chemicals major BASF expects sales control on its Butyl Acrylate (butyl-A) supply to remain in place until the end of August, a source from the company said on Wednesday.
The acrylates producer had implemented Force Majeure o Butyl-A on 13 June because of production problems at its 110,000 tonne/year Ludwigshafen facility in Germany. It was lifted on 21 June and sales control was put in place.
“We will have sales control during the entire month of August,” the source said.
It added that beyond that it was not yet clear how long the sales control would be in place.
Ethyl Acrylate, Butyl-A, Methyl Acrylate, and 2-Ethylhexyl Acrylate are polymerised to become ingredients in paints, coatings, textiles, adhesives, polishes, and plastics.
SOURCE : Icis News
Germany-based chemicals major BASF expects sales control on its Butyl Acrylate (butyl-A) supply to remain in place until the end of August, a source from the company said on Wednesday.
The acrylates producer had implemented Force Majeure o Butyl-A on 13 June because of production problems at its 110,000 tonne/year Ludwigshafen facility in Germany. It was lifted on 21 June and sales control was put in place.
“We will have sales control during the entire month of August,” the source said.
It added that beyond that it was not yet clear how long the sales control would be in place.
Ethyl Acrylate, Butyl-A, Methyl Acrylate, and 2-Ethylhexyl Acrylate are polymerised to become ingredients in paints, coatings, textiles, adhesives, polishes, and plastics.
SOURCE : Icis News
DATE : 2013-08-06
French specialty chemicals producer Arkema will enter into a planned turnaround for routine maintenance on its Acrylic Acid (AA) and Acrylate esters facilities in September, a source from the company said on Tuesday.
Arkema has a crude AA equivalent capacity of 276,000 tonnes/year at its Carling, France site. “We will be having our usual annual shutdown during September,” the source said. “We will be managing business in the usual manner [during the outage],” it added.
AA and acrylate esters are principally propylene derivatives.
SOURCE : Icis News
French specialty chemicals producer Arkema will enter into a planned turnaround for routine maintenance on its Acrylic Acid (AA) and Acrylate esters facilities in September, a source from the company said on Tuesday.
Arkema has a crude AA equivalent capacity of 276,000 tonnes/year at its Carling, France site. “We will be having our usual annual shutdown during September,” the source said. “We will be managing business in the usual manner [during the outage],” it added.
AA and acrylate esters are principally propylene derivatives.
SOURCE : Icis News
DATE : 2013-08-13
Shell Chemicals has lifted a force majeure (FM) on supplies of styrene monomer (SM) from its Propylene Oxide/Styrene monomer plant in the Netherlands.
A Polymerupdate source in the Netherlands informed that the FM was removed on August 6, 2013. The FM was imposed on July 9, 2013 following the closure of the POSM plant, owing to a technical failure on the same day.
Located in Moerdijk, the Netherlands, the plant has a production capacity of 450,000 mt/year.
SOURCE : PolymerUpdate
Shell Chemicals has lifted a force majeure (FM) on supplies of styrene monomer (SM) from its Propylene Oxide/Styrene monomer plant in the Netherlands.
A Polymerupdate source in the Netherlands informed that the FM was removed on August 6, 2013. The FM was imposed on July 9, 2013 following the closure of the POSM plant, owing to a technical failure on the same day.
Located in Moerdijk, the Netherlands, the plant has a production capacity of 450,000 mt/year.
SOURCE : PolymerUpdate
DATE : 2013-07-27
Denka is in plans to restart a Styrene monomer (SM) plant.
A Polymerupdate source in Japan informed that the plant is likely to be restarted next week. It was shut owing to a fire at its complex on July 20, 2013.
Located in Chiba, Japan, the plant has a production capacity of 270,000 mt/year.
SOURCE : PolymerUpdate
Denka is in plans to restart a Styrene monomer (SM) plant.
A Polymerupdate source in Japan informed that the plant is likely to be restarted next week. It was shut owing to a fire at its complex on July 20, 2013.
Located in Chiba, Japan, the plant has a production capacity of 270,000 mt/year.
SOURCE : PolymerUpdate
DATE : 2013-08-07
US-based renewable chemicals company OPX Biotechnologies (OPXBIO) is aiming to build a 50,000-60,000 tonne/year bio-based acrylic acid plant with partner Dow Chemical, OPXBIO’s chief executive said on Wednesday.
“We see the world’s first bio-acrylic plant to be around this size, using corn sugar or sugarcane as feedstock. We are targeting start-up in 2017,” said Charles Eggert, president and CEO of OPXBIO.
“Ultimately we will transition to cellulosic feedstock as that technology becomes more established. A second bio-acrylic plant could be based on cellulosic and on par with a world-scale petroleum-based acrylic acid plant at up to 150,000 tonnes/year,” he added.
In 2011, OPXBIO and US-based Dow announced a joint development agreement to commercialise bio-based acrylic acid as a drop-in replacement for petroleum-based acrylic acid.
The companies have a mutually exclusive agreement for the development of bio-based acrylic acid using OPXBIO's technology.
OPXBIO is within 20% of its target in terms of yield from its proprietary genetically developed microbes, said Eggert.
In the company’s bio-acrylic acid process, sugar is fermented with the engineered microbes to produce 3-hydroxypropionic acid (3-HP). The 3-HP is then recovered through a chemical process to yield acrylic acid.
“We are optimising the strain to boost 3-HP yield while Dow is focused on the downstream conversion step,” said Eggert.
OPXBIO would be a joint venture partner in the bio-based acrylic acid plant along with Dow, being involved in the capitalisation, design and construction of the facility.
Its business model contrasts with a licensing model where other bio-based chemical companies simply license their technology to the producer.
The site of the planned plant has yet to be determined, but could be close to either feedstock sources or to the companies’ technical resources. Potential locations include North or South America, or southeast Asia, noted Eggert.
On a cost basis, Eggert maintains that bio-based product must ultimately be at least on par with that of petroleum-based product.
“That is the absolute minimum requirement. However, in the early days when bio-based supply is scarce with just one or two plants, we expect demand for renewable acrylic acid to exceed supply so this could impact price,” said Eggert.
OPXBIO’s initial cost target is around $1/lb (€1.65/kg) for bio-based acrylic acid, but this could fall as the process is fully optimised in the long term, he added.
Ultimately, the bio-based acrylic acid could be sold on the merchant market, or modified and converted to downstream products.
Major end markets for acrylic acid include paints, diapers and polymers.
SOURCE Icis News
US-based renewable chemicals company OPX Biotechnologies (OPXBIO) is aiming to build a 50,000-60,000 tonne/year bio-based acrylic acid plant with partner Dow Chemical, OPXBIO’s chief executive said on Wednesday.
“We see the world’s first bio-acrylic plant to be around this size, using corn sugar or sugarcane as feedstock. We are targeting start-up in 2017,” said Charles Eggert, president and CEO of OPXBIO.
“Ultimately we will transition to cellulosic feedstock as that technology becomes more established. A second bio-acrylic plant could be based on cellulosic and on par with a world-scale petroleum-based acrylic acid plant at up to 150,000 tonnes/year,” he added.
In 2011, OPXBIO and US-based Dow announced a joint development agreement to commercialise bio-based acrylic acid as a drop-in replacement for petroleum-based acrylic acid.
The companies have a mutually exclusive agreement for the development of bio-based acrylic acid using OPXBIO's technology.
OPXBIO is within 20% of its target in terms of yield from its proprietary genetically developed microbes, said Eggert.
In the company’s bio-acrylic acid process, sugar is fermented with the engineered microbes to produce 3-hydroxypropionic acid (3-HP). The 3-HP is then recovered through a chemical process to yield acrylic acid.
“We are optimising the strain to boost 3-HP yield while Dow is focused on the downstream conversion step,” said Eggert.
OPXBIO would be a joint venture partner in the bio-based acrylic acid plant along with Dow, being involved in the capitalisation, design and construction of the facility.
Its business model contrasts with a licensing model where other bio-based chemical companies simply license their technology to the producer.
The site of the planned plant has yet to be determined, but could be close to either feedstock sources or to the companies’ technical resources. Potential locations include North or South America, or southeast Asia, noted Eggert.
On a cost basis, Eggert maintains that bio-based product must ultimately be at least on par with that of petroleum-based product.
“That is the absolute minimum requirement. However, in the early days when bio-based supply is scarce with just one or two plants, we expect demand for renewable acrylic acid to exceed supply so this could impact price,” said Eggert.
OPXBIO’s initial cost target is around $1/lb (€1.65/kg) for bio-based acrylic acid, but this could fall as the process is fully optimised in the long term, he added.
Ultimately, the bio-based acrylic acid could be sold on the merchant market, or modified and converted to downstream products.
Major end markets for acrylic acid include paints, diapers and polymers.
SOURCE Icis News
DATE : 2013-08-01
Shin-Etsu Chemical Co. has developed a material for lithium ion batteries that would increase their capacity by up to 10 times, with an eye on starting mass production in three or four years, The Nikkei learned Wednesday.
The company drew on its technologies for processing semiconductor wafers to produce silicon sheets that store the electricity charge inside the batteries, an alternative to the carbon-based materials typically used. Although considerably more expensive, silicon has a storage capacity 10 times greater. This material would help reduce the hassle of recharging smartphones frequently.
Shin-Etsu has begun shipping prototypes to domestic and foreign battery manufacturers. It plans to build a testing facility for battery materials in Gunma Prefecture by 2014. Leading up to mass production, it will work with battery makers and others to tackle such issues as production costs and battery degradation stemming from materials deforming through repeated use.
The global lithium ion battery market will total 1.7 trillion yen in 2017, up 50% from 2012, according to a projection by research firm Fuji Keizai Co. Panasonic Corp. and South Korea's Samsug SDI Co. are among the leaders in this field.
Japanese manufacturers control almost half of the global market for materials used in lithium ion batteries. Hitachi Cgemical Co. is developing a technology for increasing battery capacity using alloys. Japanese firms have an edge not just in technologies for boosting capacity but also for improving safety, such as cutting the risk of batteries catching fire. But with Chinese and South Korean firms closing in, development of new materials is seen as essential for Japanese companies to stay ahead in this growing market.
SOURCE : Nikkei Report
Shin-Etsu Chemical Co. has developed a material for lithium ion batteries that would increase their capacity by up to 10 times, with an eye on starting mass production in three or four years, The Nikkei learned Wednesday.
The company drew on its technologies for processing semiconductor wafers to produce silicon sheets that store the electricity charge inside the batteries, an alternative to the carbon-based materials typically used. Although considerably more expensive, silicon has a storage capacity 10 times greater. This material would help reduce the hassle of recharging smartphones frequently.
Shin-Etsu has begun shipping prototypes to domestic and foreign battery manufacturers. It plans to build a testing facility for battery materials in Gunma Prefecture by 2014. Leading up to mass production, it will work with battery makers and others to tackle such issues as production costs and battery degradation stemming from materials deforming through repeated use.
The global lithium ion battery market will total 1.7 trillion yen in 2017, up 50% from 2012, according to a projection by research firm Fuji Keizai Co. Panasonic Corp. and South Korea's Samsug SDI Co. are among the leaders in this field.
Japanese manufacturers control almost half of the global market for materials used in lithium ion batteries. Hitachi Cgemical Co. is developing a technology for increasing battery capacity using alloys. Japanese firms have an edge not just in technologies for boosting capacity but also for improving safety, such as cutting the risk of batteries catching fire. But with Chinese and South Korean firms closing in, development of new materials is seen as essential for Japanese companies to stay ahead in this growing market.
SOURCE : Nikkei Report
DATE : 2013-08-02
CNOOC and Shell Petrochemicals Co (CSPC) has shut its Styrene monomer/Propylene oxide (SM/PO) plant owing to power failure.
A Polymerupdate source in China informed that the plant was shut on August 1, 2013. A restart date for the plant could not be ascertained.
Located in Nanhai, Guangdong province of China, the plant has an SM capacity of 560,000 mt/year and Propylene oxide capacity of 250,000 mt/year.
SOURCE : PolymerUpdate
CNOOC and Shell Petrochemicals Co (CSPC) has shut its Styrene monomer/Propylene oxide (SM/PO) plant owing to power failure.
A Polymerupdate source in China informed that the plant was shut on August 1, 2013. A restart date for the plant could not be ascertained.
Located in Nanhai, Guangdong province of China, the plant has an SM capacity of 560,000 mt/year and Propylene oxide capacity of 250,000 mt/year.
SOURCE : PolymerUpdate
DATE : 2013-08-14
Camlin Fine Sciences has received its board's approval to set up a subsidiary company in Brazil. The company will set up the arm in Brazil for manufacture and sale of Food & Industrial Antioxidants, Flavouring Compounds and Post Harvest Preservatives etc. The company's board gave consent at its meeting held on August 13, 2013.
Camlin Fine Sciences is the world's second largest manufacturer and marketer of food grade antioxidants TBHQ and BHA.
SOURCE : Accord Fintech
Camlin Fine Sciences has received its board's approval to set up a subsidiary company in Brazil. The company will set up the arm in Brazil for manufacture and sale of Food & Industrial Antioxidants, Flavouring Compounds and Post Harvest Preservatives etc. The company's board gave consent at its meeting held on August 13, 2013.
Camlin Fine Sciences is the world's second largest manufacturer and marketer of food grade antioxidants TBHQ and BHA.
SOURCE : Accord Fintech