Welcome to Plastics & Rubber Asia E-News

December 2011

LEAD FEATURE

Portrait of 2011 and a glimpse into 2012

COMPANY NEWS

Shell pilots new PC process and enters into Middle East jv

Evonik strengthens nylon supply

Companies make forays into the South Korean market

Carbon fibre joint venture

PTT's PU jv formalised

MATERIALS NEWS

Plexiglas used in large scale PVs

API invests to increase capacity

Clariant triples capacity for Exolit

Songwon preps OPS with buy and output in Middle East

Cardia bags deal in China and sells to Europe

Coke to use PEF for its bottles

Making mass production of composite auto parts a reality

MACHINERY NEWS

Europeans upbeat about 2011 but enter 2012 with caution

Record year for centenarian Reifenhäuser

Quick changeover from new IBC

INJECTION MOULDING ASIA

KraussMaffei to expand output in China

Jebco to launch Autothane products in China

RUBBER JOURNAL ASIA

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PTT's PU jv formalised

he joint venture for the worldwide manufacturing and sales of products for the polyurethane industry between speciality chemicals company Perstorp and Thailand-based PTT Global Chemical has been signed.

The joint venture, dedicated to the manufacturing and sales of aromatic (TDI) and aliphatic (IPDI, HDI & derivates) isocyanates, includes the former Perstorp Coating Additives business with its manufacturing sites at Pont-de-Claix in France and Freeport in the US. PTT will hold 51% of the joint venture and Perstorp 49%.

The joint venture is planning a major investment to strengthen competitiveness, R&D and increase market offerings and includes both expanded capacity at the manufacturing plant in Pont-de-Claix, France, and new capacity in Asia. To begin with, this includes the investment in a new joint plant for HDI derivatives in Asia.

As part of the investment scheme, Perstorp has also entered an agreement with the French government regarding the measures to be introduced that meet the French PPRT law (Plan de Prevention des risques Technologique), measures which are also supported by PTT.