NEWS
Clariant and Tiangang set up UV stabiliser JV
NEWS IN BRIEF... Venator Materials, the
UK-based maker of TiO2 pigments and perfor- mance additives spun off from Huntsman, complet- ed its initial public offering of 26,105,000 ordinary shares last month. The company, formerly Huntsman Pigments, has 27 facilities worldwide employing around 4,500 people.
www.venatorcorp.com
Tiangang General Manager Yuqing Li (centre left) seals the JV deal with Clariant VP BL Performance Additives Martin John
Clariant has signed a joint venture agreement with Tiangang Auxiliary Co – a leading Chinese producer of UV light stabilisers – to build a world-class produc- tion plant for process and UV light stabiliser additives at Cangzhou in China’s Hebei province. China is a key market for high-end process and light stabilisers such as Clariant’s Nylostab S-EED based products, the company says, and demand is growing in the country.
“The partnership with
Tiangang is another success- ful step toward strengthen- ing Clariant’s position in China. It provides us with a stronger local footprint to better position our innova- tive solutions in the growing Asia region, especially in China,” said Christian Kohlpaintner, Clariant’s Executive Committee Member residing in China. The joint venture produc- tion site will be located in the Cangzhou National Coastal- Port Economy and Technol-
ogy Development Zone in Hebei province. Production is scheduled to commence in the first half of 2019. The move is Clariant’s
latest expansion in the Chinese market. Earlier this year, it announced an investment at Zhenjiang to build a production facility for its AddWorks synergistic additive solutions and Ceridust micronised waxes. That is scheduled to come on stream in the second half of 2018. �
www.clariant.com
Ineos Styrolution invests in India
Ineos Styrolution is to increase its com- pounding capacity for engineering plastics with the installation of two new extruders at its plant at Moxi in Gujarat state, India, by 2019. The company said the $20m invest- ment will increase capacity by 34,000 tonnes/year to 100,000 tonnes/year. “India is one of the key strategic markets
in Asia where Ineos Styrolution plans to accelerate growth and expand our manufac- turing footprint over the next years,” said
10 COMPOUNDING WORLD | September 2017
Steve Harrington, president of global styrene monomer and Asia-Pacific. Demand for styrenics is said to be
growing strongly in India. The Moxi facility supplies ABS and ASA; the company has simultaneously approved a detailed engineering study to evaluate doubling its overall production capacity for ABS in India over the next years. It recently upgraded the R&D facility at the site. �
www.ineos-styrolution.com
Authorities in the Nether- lands have notified the EC of the intention to table a restriction proposal on polycyclic aromatic hydrocarbons (PAHs) in plastic and rubber granu- lates used as infill material in synthetic turf pitches. A call for evidence is currently open in coopera- tion with the European Chemicals Agency (ECHA), which has set a submission deadline of 18 October.
http://echa.europa.eu
Borealis has strengthened its presence in the South African market with the establishment of a direct sales operation. Based in Johannesburg, the new sales organisation will focus predominantly on the pipe and consumer products segments and will be headed up Andrew Pienaar, who joins from Polysaf Chemical. Long- standing Borealis agent Chemimpo, part of IMCD, will continue to focus on the energy segment.
www.borealisgroup.com
www.compoundingworld.com
PHOTO: CLARIANT
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