TUBE 2014 Organised by
Know about the best anti-corrosion practices and latest innovations in coatings at the
ANNUAL CORROSION MANAGEMENT SUMMIT
3RD 28 – 30 APRIL 2014, DOHA, STATE OF QATAR
3 days of networking 2 days of presentations 1 day of workshops
MEET INDUSTRY PEERS FROM
Saudi Aramco || Qatar Gas || ExxonMobil || Petro Rabigh || Dubai Aluminium Company Limited || Qatar Petroleum || GUPCO-BP || SABIC || ZADCO and more...
MINIMISING CORROSION AND SAFEGUARDING ASSETS
is one example. The company is currently building the world’s largest plant for synthetic EPDM rubber in Changzhou located in Jiangsu province. It is set to commence operations in 2015. The German specialty chemicals corporation is investing 235 million euro which is to date, the largest investment Lanxess has yet made in the Middle Kingdom.
European Corporations settling down in China Lanxess is also investing in Newcastle, South Africa. The corporation is constructing a plant for the production of sodium dichromate, which requires a continuous supply of highly concentrated CO2. Dow Chemical Company has set its sights on Saudi Arabia. A new factory being built in Jubail Industrial City will produce a broad range of coating materials for both Saudi Arabia and worldwide export. The corporation’s declared goal is to be closer to regional customers in a key market. AkzoNobel is planning a new dicumyl peroxide (DCP) plant in Ningbo, China, in order to meet rising regional and worldwide demand. The plant is supposed to increase production capacity for DCP by 30% to 25.000 tonnes. DCP is used as a cross linking agent for various polymers and copolymers. AkzoNobel states the plant will be fi nished by 2014. Chemicals giant
BASF is also strengthening its presence in China. The corporation and China Petroleum & Chemical Corporation (Sinopec) are assessing construction of an isononanol plant in the city of Maoming. New plants and factories are being built worldwide in important markets such as China, yet the trend is going even further. Some companies are relocating entire business areas. Bayer moved its plastics business for polycarbonate production to Shanghai, and the head offi ce for general medicine was also moved to China, to Peking. In turn, BASF relocated its pigments and dispersion unit to Hong Kong. These are all signs that the relocation of single business units is on the increase, in order to create proximity to China, the market with the highest growth. European head offi ces are at least set to profi t from the trend of creating subsidiaries in emerging markets. Good business in the Far East helps maintain them and after all, the know-how employed in emerging markets stems directly from R&D undertaken in the home markets.
Press Contact Valve World Expo 2014: Petra Hartmann-Bresgen Kathrin Kleophas van den Bongardt +49 (0)211/4560-541 +49 (0)211/4560-544
+49 (0)211/4560-87 541/-87 544
HartmannP@messe-duesseldorf.de KleophasvandenBongardtK@
messe-duesseldorf.de
Contact us: Ajay Nimbalkar T : +971 4609 1570
E :
ajay.nimbalkar@
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30 IMT February/March 2014
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photo by Messe Dusseldorf
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