October 2012

Lead Feature

Company News

Materials News

Machinery News

Injection Moulding

Rubber Journal Asia

E-Magazine for the Rubber Industry
Top Glove expanding its capacity to achieve goal of 30% global share by 2015

MALAYSIA-based Top Glove, a leading maker and supplier of rubber gloves is expanding its capacity through creating a total of 22 glove factories across the country to achieve its goal of partaking 30% of the global market share.

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Electronic Issue

September-October 2012 Issue Still Available!

Auxiliary and automation equipment company Azo is enjoying a healthy growth of its Mixomat mixer in Asia

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Versalis and Honam Petrochemical's elastomers JV in South Korea
Versalis and Honam Petrochemical's elastomers JV in South Korea

VERSALIS, Eni’s chemical subsidiary and global leader in elastomers, and Honam Petrochemical Corporation, one of the major petrochemical companies in South Korea, have signed an agreement for the development of an elastomeric production plant at its Honam facilities in Yeosu (South Korea).

The new site will use Versalis’ proprietary technologies and will have a production capacity of about 200.000 tonnes of elastomers annually, which will be delivered primarily on the Asian markets.

The start-up is planned by the end 2015. Versalis will provide its engineering services, commercial development skills and technical assistance while Honam will provide the primary raw materials, operative sites and existing structures.

The agreement signed in Milan by the CEO of Versalis, Daniele Ferrari, and the CEO of Honam Petrochemical Corporation, Sooyoung Huh, sets the basis for the creation of a joint venture, the goal of which is to strengthen Versalis’ position on the global market, particularly in the Asia-Pacific region.

The partnership with Honam Petrochemical Corporation is in addition to the recent inauguration of the new Versalis office in Shanghai and its joint venture with Petronas for the development and joint use of a production plant in Malaysia. (PRA)