news
Songwon signs major one-pack agreements
Songwon is to form a joint venture with pan gulf Holdings of Saudi Arabia and polysys industries of Abu dhabi for the global production and sale of one-pack systems (opS) containing its antioxidants. The deal was announced on 14 december, one day after Songwon revealed that it had acquired Additives Technology greiz (ATg), one of Europe’s leading producers of one-pack systems for the plastics industry. The new joint venture will
be called Songwon Additive Technologies and it will become the parent company for ATg as well as having a series of manufacturing and commercial joint ventures in the middle East. The first manufacturing JV in Saudi Arabia is scheduled to be operational by the end of 2012 and the second one in Abu dhabi should be up and running in early 2014. Jongho park, Songwon’s chairman and cEo, said: “The middle East is the next logical step for Songnox opS and our
FKur sells Braskem’s green pE
Brazilian petrochemicals group Braskem has appointed biopolymer compound specialist FKur as the European distributor for its sugar cane ethanol- based pE resins. The move follows
Agreeing the deal (left to right): Hamdan Al Hamdan, director of Pan Gulf; Jongho Park, chairman/CEO of Songwon; Mohamed Al Muhairy, founder/MD of Polysys; and Maurizio Butti, Songwon’s chief operating officer
partnership with pan gulf and polysys puts us in an excellent position to capitalise on the growth potential in the region”. The ATg plant acquired by
Songwon is located in greiz, germany, and has been producing dust-free additive packages since 2006. park described this acquisition as a landmark step for Songwon, adding: “we will now be able to deliver Songnox opS in significant volumes immedi- ately with the ability to expand
the annual capacity up to 12,000 tonnes in the future”. compounding world
exclusively reported in november 2010 that Songwon had entered an agreement with ATg that gave it 3,000 tonnes of one-pack capacity in Europe. At the same time we reported that the company was looking to establish one-pack production in the middle East, either with a partner of through its own investment. ❙
www.songwon.com
Braskem’s announcement in october that FKur was to be its specialist compound- ing partner for the “green- pE” resins, which will be marketed under FKur’s Terralene brand. “our ´green pE´ has the
same technical properties as regular pE made from crude oil. But it is a unique and ground-breaking product made from natural resources,” said Fabio carneiro, Braskem’s renewable chemicals commercial officer. “it was important to find
a partner who has extensive knowledge in promoting bioplastic specialties in a commodity market,” he said. ❙
www.braskem.com.br ❙
www.fkur.com
workers injured at uS compounding plants
Four employees were injured in a flash fire that occurred at polymer partners’ compound- ing plant in Henderson, Kentucky, uSA, on 7 decem- ber. Three of the men currently remain in hospital with two in a critical condition, according to local news reports. The accident is being
investigated by the occupa- tional Safety and Health Administration. polymer partners specialises in black masterbatch and compounds, and it has been suggested that the accident is related to the handling of carbon black. The company has previously been fined uS$26,650 for
compounding world | december 2011
serious safety violations. The Kentucky public protection cabinet has released a series of citations issued to the polymer partners plant between 2004 and 2008 covering a range of health and safety violations. These include the use of power- operated trucks in atmospheres containing hazardous concen-
trations of explosive dust. l in a separate incident on 8 december, a worker was injured at Teknor Apex’s compounding plant in pawtucket, rhode island, uSA, and has had a hand amputated as a result of the accident. ❙
www.polymerpartners.com ❙
www.teknorapex.com
www.compoundingworld.com
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