Kraton, Formosa JV build copolymer plant in Taiwan

Kraton, Formosa JV to build copolymer plant in Taiwan

4:59 AM, 30th March 2012
Kraton, Formosa JV to build copolymer plant in Taiwan
Kevin M Fogarty, President and CEO, Kraton Performance Polymers.

SHANGHAI, CHINA/HOUSTON, US: Kraton Performance Polymers, a leading global producer of styrenic block copolymers, is advancing its Asian expansion strategy to support the needs of customers. Kraton is fully engaged in the formation of a 50/50 joint venture with Formosa Petrochemicals to construct and operate a 30 kilotonne hydrogenated styrenic block copolymer (HSBC) plant in Mailiao, Taiwan. The plant will support global demand for Kraton’s differentiated HSBCs. It will also provide significant, additional supply capability, and will set a new global standard for efficiency and product quality for HSBCs. Plant operation is expected in the first half of 2014.

Kraton continues to offer a strong presence in the Asia Pacific region through its technology and investment in additional resources to support tremendous growth in the region. To further support Kraton’s customers and the expansions, the company recently opened a new innovation centre in Shanghai, China. The facility is three times larger than the previous facility and better accommodates its technical staff, which has doubled over the past eighteen months. “We are committed to our customers in China and the Asia Pacific region. Kraton will continue to expand its technology and service offerings as we work with our customers to meet their needs and help them grow,” said Kevin M Fogarty, President and CEO, Kraton Performance Polymers.

© WOC News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Cynar awards $11 million contract to Rockwell Automation

MILWAUKEE, US: Cynar Plc, a leading technology company in the waste-to-energy market, has awarded an $11 million contract to Rockwell Automation to de ...

Read more
Evonik’s ROHACELL used in first commercial airplane in China

ESSEN, GERMANY/ SHANGHAI, CHINA: Evonik’s ROHACELL PMI (Polymethacrylimide) rigid foam is helping aviation industry customers fly high through i ...

Read more
Dow Corning opens new business and tech centre in Singapore

SINGAPORE: Dow Corning inaugurated its new business and technology centre (BTC) in Singapore. The centre is a step towards Dow’s sustained effor ...

Read more
Teijin partners with CCFA for chemical fibres in China

TOKYO, JAPAN/BEIJING, CHINA: Teijin Limited partners with the China Chemical Fibres Association (CCFA) to pursue business opportunities in the fields ...

Read more
China to review anti-dumping duties on nonylphenol imports

BEIJING, CHINA: The ministry of commerce (MOC) said on Wednesday that it will review anti-dumping measures on nonylphenol (NP) imported from India and ...

Read more
NC3Rs, EPSRC invites research proposals for mathematical modelling in toxicology

SWINDON, UK: Following the workshop on mathematical modelling and toxicology in May 2011, NC3Rs is seeking high-quality research proposals to address ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X