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(Plastemart) -- Japan's
Sumitomo Chemical will build a 10 KTa polypropylene compound plant in Dalian, in northeast
China's Liaoning province, as per Platts. The PP compound plant, which will be
operated by a 50:50 joint venture between Sumitomo Chemical and Zhuhai Sumika
Polymer, is expected to begin operations over September-November 2012.
The JV to be called Sumika Polymer Compounds Dalian Company will be
incorporated in August. Sumitomo decided to build the plant because it expects
demand for PP compounds in automobile production to increase. Zhuhai Sumika
Polymer is 55% owned by Sumitomo Chemical and 45% by Japan's Toyo Ink. It
already has a 22 KTa PP compounds plant in Zhuhai, in southern China's Guangdong
province.
mrcplast.com
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