|
(PlastEurope) -- In response to
rising demand for its “Eval” EVOH resins, Kuraray (Tokyo / Japan) has announced
a EUR 40m investment to raise “Eval” output at its North American subsidiary’s
plant in Pasadena, Texas. The 12,000 t/y capacity expansion is due to come on
stream in January 2014. Kuraray currently has capacity to turn out 35,000 t/y of
EVOH at the site.
The Japanese group also operates a 24,000 t/y EVOH line in Antwerp /
Belgium as well as a 10,000 t/y facility in Okayama / Japan. Thanks to its gas
barrier properties, “Eval” largely is used in food packaging applications to
offer better preservation, as well as for automotive fuel tanks.
Perspectives of development of the polymers markets, pricing issues and
other important aspects will be discussed at The Polymers
Summit-2011, which will be held in Moscow on November 30, 2011 at the
Ritz Carlton Hotel. The Summit is organized by MRC with the support of ICIS. The
main idea of the Summit is to find a "the golden mean" between producers and
converters. When producers receive exactly such margin of production, which
helps them to invest in production expansion in order to substitute polymers
imports, and the converters receive such price of feedstock that helps them to
compete imported finished products. The Summit site gives an access to the live
video of the Summit, speakers' presentations, as well as opportunities to ask
questions or make appointments to any Summit partcipant.
mrcplast.com
|
