Aronkasei has signed an agreement to buy all the shares of Daicel Industries wholly-owned subsidiary Mikuni Plastics. The main reason for selling was due to lack of synergies between parent company, Daicel and Mikuni Plastics, a producer of polyvinyl chloride (PVC) fittings, plastic automobile parts and home appliance components. Aronkasei which produces PVC fitting and pipes however, could be expecting synergies from the integration of Aronkasei and Mikuni Plastics in business operations and production.
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Energy singularity means a point where our source of energy is almost infinite, coming from the renewable sources and completely accessible to everyone on the planet.
Showing posts with label PVC. Show all posts
Showing posts with label PVC. Show all posts
02 August 2008
29 May 2008
New PVC Plant in India to be Comissioned
India's Chemplast Sanmar Limited (CSL) is expected to commission its greenfield polyvinyl chloride (PVC) chemical plant at Cuddalore in Tamilnadu State by end of 2008 with a capacity of 200,000 tonnes/year of PVC at the Cuddalore plant.
Feedstock for the intermediate vinyl chloride monomer (VCM) will be supplied from its Egyptian associate TCI Sanmar Chemicals LLC (TCI). The parent company, Sanmar group had announced that it is also evaluating the prospects of producing ethylene dichloride (EDC) and VCM at the complex located at Port Said in Egypt.
Feedstock for the intermediate vinyl chloride monomer (VCM) will be supplied from its Egyptian associate TCI Sanmar Chemicals LLC (TCI). The parent company, Sanmar group had announced that it is also evaluating the prospects of producing ethylene dichloride (EDC) and VCM at the complex located at Port Said in Egypt.
18 May 2008
PVC Producers in China Incompetitive
Due to overcapacity, the global ethylene prices expected to drop in 2008. China’s PVC producers who mainly are acetylene-based route method of polyvinyl chloride (PVC) production facing heavy competition despite China’s massive coal deposits.
The acetylene-based PVC, is facing overcapacity from ethylene prices downward trend making ethylene-based PVC production to become increasingly profitable.
The acetylene-based PVC, is facing overcapacity from ethylene prices downward trend making ethylene-based PVC production to become increasingly profitable.Coal is currently the main source of fuel for China’s power plants, and the massive growth of the Chinese economy could create a bottleneck in the supply of coal for acetylene production, something PVC producers are worrying over at the moment.