Ticona increases production of thermoplastics to support growing demand

(ticona) -- Ticona, the engineering polymers business of Celanese Corporation, announced its Long Fiber Reinforced Thermoplastics (LFRT) business set new global production records in the third quarter 2012 that will enable it to support the increasing demand for this metal replacement material in innovative automotive, industrial, electrical and electronic, and consumer applications.

Ticona's LFRT manufacturing units are situated in strategic locations in the United States, Germany and China, Ticona is truly capable of supporting customers worldwide. In addition to the existing facilities, a new Ticona's pilot line in Germany is slated to be operational in the fourth quarter 2012.

The long fiber reinforced thermoplastics product offering from Ticona includes Celstran LFRT and Factor LFRT, which offer a combination of stiffness and toughness unparalleled by conventional short fiber reinforced thermoplastics.

Ticona is a solutions-driven company that uses advanced polymer technology to produce high performance plastic materials that are used in a wide spectrum of applications - from children's toys to industrial gears, from tiny optical components to large automotive body parts.
MRC

(chemmonitor) -- According to the production data recently disclosed by Japan Petrochemical Association, the production dynamics in the domestic polyethylene (PE) sector was mixed in August.

For instance, low density PE (LDPE) output amounted to 122,600 tonnes. The figure is 5,900 tonnes or 4.6 percent month on month lower.

August LDPE output is also lower than the one a year earlier. It decreased by 24,900 tonnes or 16.8 percent year on year.
MRC

(plastemart) -- Bharat Petroleum Corporation (BPCL), which is setting up its first propylene unit in Kochi (as MRC reported earlier), said it was ready to offer 51% stake in the Rs 6,000 crore project to its Korean joint venture partner LG Chemicals.

"We have already inked an MoU (memorandum of understanding) with LG Chemicals for this project. They are looking at 51 per cent stake in the JV (joint venture) and we are open to that. The JV company will be in place by December or January and the plant will be commissioned by the end of financial year 2017," BPCL Finance Director S Varadarajan said.

He said the propylene plant is part of the company’s proposed petrochemicals complex planned at Ambalamugal near Kochi, where it also has a 9.5 mln tonne oil refinery.

Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled oil and gas company headquartered in Mumbai, India. Bharat Petroleum owns refineries at Mumbai, Maharashtra and Kochi, Kerala (Kochi Refineries) with a capacity of 12 and 9.5 million metric tonnes per year.
MRC

(С1Energy) -- Sinopec Tianjin Petrochemical is expected to restart its units from 28 September with all its facilities back into operation in early October, according to the source.

Tianjin Petrochemical has a 13m tonne/year refinery in north China’s Tianjin city. It is equipped with a 1m tonne/year ethylene cracker which was shut for a 45-days maintenance in mid-August, as MRC informed earlier.

The company set its crude throughput target for the fourth quarter of 2012 at 3.3m tonnes, with daily throughput up by 114% from the third quarter, a company source said.

China Petrochemical Corporation (Sinopec Group) is a super-large petroleum and petrochemical enterprise group established in July 1998 on the basis of the former China Petrochemical Corporation. Sinopec Group's key business activities include the exploration and production of oil and natural gas, petrochemicals and other chemical products, oil refining.
MRC

(guidechem) -- Taiwan's Loyal Group shut down its largest EPS plant in Jiangyin, China on Monday with the capacity of 450,000 tpa for two-three days due to the fast rising price of styrene monomer in the east of China. However, its other plants in China are running at full capacity. Loyal has a total production capacity of over 1.5 million mt/year of EPS in China. Loyal is not buying SM at the moment, but still has an inventory of EPS to sell, a source close to the company said.

Another large EPS producer, China's Xingda Group, lowered its overall operating rates from full to 70% last week, also due to the price increases in SM, a source close to the company said. The source added that some of its plants were shut down, but did not provide further details. Xingdas plants can make over 1.2 million mt/year of EPS.

Loyal Group - is the largest manufacturer of expanded polystyrene in Asia and one of the world leaders. The first plant was started in 1976 and today the group has 12 plants located in different regions of China, five of which produce polystyrene.

Xingda Group was established in January 1992 by a group of large private plastic chemical enterprises specializing in the production of expandable polystyrene (EPS). After 15 years of sustained development, the group has become a national high-tech enterprise.
MRC