news
Kem One sets sights on India
Kem One has formed a joint venture with Chemplast Sanmar, one of India’s largest PVC manufacturers, to make chlorinated PVC (CPVC) and CPVC com- pounds, mostly for the rapidly growing construc- tion market. Permits are now being
obtained for the site at Karaikal, Puducherry. The facility will cost about $48m and will have a resin capacity of 22,000 tonnes/ year. It will be based on Kem One technology. Kem One is Europe’s
second largest producer of PVC with annual sales of around €800m. Chemplast Sanmar, meanwhile, makes PVC resins, caustic soda, chloromethanes, refriger- ant gases and industrial salt. This will be its first move into making CPVC; it will also be the first CPVC producer in India. CPVC is mainly used in pipes and fittings for water where heat resistance, pressure resistance and high tolerance for treat- ment chemicals are required. India has seen a switch from metal to CPVC pipes in recent years, as well as a general boom in building, so rapid continued growth is expected. CPVC can also be used in
industrial applications requiring high chemical resistance. ❙
www.kemone.com ❙
www.chemplastsanmar.co.in
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China XD invests $357m in biocomposites facility
China XD Plastics, a major player in plastics compounds primarily for automotive applications, is to build a facility to produce 300,000 tonnes/year of biocomposite materials and additives and 20,000 tonnes/year of func- tional masterbatch on a 16.7 hectare site at Nanchong in China’s Sichuan province. Due for completion by the end of 2018, the project will cost $357m. The investment was approved by the China XD board in December last year; the company has now secured the required ‘Land Use Right Transfer Agreement’ with the relevant government agency. “The project will help the company expand its product
mix from traditional petrole- um-based materials to bio-based composite, 3D printing and functional masterbatch materials, paving the path to non-auto applica- tions and further diversifying our company’s business as a key element of our strategic plan,” commented chairman and CEO Jie Han. Alongside the new plant
investment, China XD an- nounced it increased revenues by 20% from $999m in 2015 to $1,202m in 2016. Gross profit was up 36% to $247m, EBITDA up 13% to $195m, and net income up 21% to $102m. Total volumes shipped increased by 21% from 332,144 tonnes in 2015 to 400,316 in 2016, which
Han said reflected “a steady recovery throughout China’s automotive supply chain.” Car production in China is said to be up by 14.5%. In July last year, the
company opened a facility at Sichuan designed to produce 300,000 tonnes of compounds a year. Construction at the site, which already has 50 produc- tion lines providing 60,000 tonnes/year of capacity, should be completed by the end of 2017. China XD is also building a new facility in Dubai to target the Middle East, European and Russian markets. In February, Han launched
a bid to take NASDAQ-listed China XD private. ❙
www.chinaxd.net
PolyOne aims to match fabrics
PolyOne has extended its Smartbatch range of colour and additive masterbatches with the launch of Smartbatch FX, a new grade formulated for injection moulding of parts that simulate the appearance of textile covering. “Smartbatch Fabric FX
offers greater design flexibility, and creates attractive, ready-to-use parts that are easier to clean than textile- covered applications,” said Christoph Palm, Vice Presi- dent, General Manager, Color and Additives EMEA & India for PolyOne. “This masterbatch also helps manufacturers transition from a complex polymers-and-textile process
COMPOUNDING WORLD | April 2017
to more efficient, single-step moulding.” While most obviously appealing to the automotive sector, PolyOne said Fabric FX technology is suitable for applications across a broad
range of industries, including transportation, consumer goods, and furniture. It is compatible with a variety of polymers, including ABS and PC/ABS. ❙
www.polyone.com
www.compoundingworld.com
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