BASF introduces improved flame retardant grade for E&E applications

MOSCOW (MRC) -- A flame-retardant and glass fiber-reinforced polyamide (PA), the new Ultramid A3U42G6, is now part of BASF’s plastics portfolio, as per the company's statement.

This light colorable grade features easy processing with reduced deposit formation and corrosivity. Thus, it increases the durability of plasticizing units and injection molds and helps reducing production stoppages due to service and maintenance.

The new material meets UL 94 requirements for the V-0 flammability class at wall thicknesses as low as 0.4 millimeters. Its thermal ageing resistance has been considerably improved over that of well-known glass fiber-filled polyamide grades. With an RTI for dielectric strength (UL 746B) of 140 C at a wall thickness of 0.4 millimeters and even 150 C at thicknesses starting at 0.75 millimeters, the new Ultramid A3U42G6 is especially well suited for use at higher temperatures.

The new flame retardant system shows no migration effects and thus ensures component surfaces of higher quality. It also contains no halogen or antimony components. This allows favorable smoke density and toxicity values to be attained and also complies with the WEEE and ROHS directives.

Reinforced with 30% glass fibers, Ultramid A3U42G6 possesses the good mechanical properties typical of polyamides, and can be marked by laser, when colored black. This new grade is especially suitable for connectors and thermally stressed industrial automation applications such as switchgears and contactors. Effective immediately, the material is available in commercial volumes and with extensive supporting data.

We remind that, as MRC reported earlier, BASF, the German chemicals giant, and Archroma have recently agreed on the sale of BASF’s global textile chemicals business to Archroma, a supplier of specialty chemicals to the textile, paper and emulsions industries. Archroma is a portfolio company of SK Capital Partners, a private investment firm with focus on the specialty materials, chemicals and healthcare sectors. It is planned to integrate the business into the Archroma Textile Chemicals Specialties business. Currently, the textile chemicals business is part of BASF’s Performance Chemicals division.

BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries. BASF had sales of about EUR74 billion in 2013 and over 112,000 employees as of the end of the year.
MRC

Oligarch ties said to nix banknote deal on bank concerns

MOSCOW (MRC) -- Pamplona Capital Management LLP dropped plans to buy Innovia Films Ltd., which supplies materials for banknotes, as the buyout firm’s ties to a Russian billionaire raised concerns from the Bank of England and Bank of Canada, said Bloomberg, citing people with knowledge of the matter.

Arle Capital Partners entered into exclusive talks with Pamplona, which is backed by Mikhail Fridman, about the sale of Innovia for about 500 million euros (USD641 million) in November last year, said two people, who asked not to be identified because the talks were private.

Following the agreement a number of customers at the Wigton, England-based company’s bank-note division -- including central banks in Australia and Canada -- expressed concerns over it being owned by Pamplona, the people said. Officials at the Bank of England, which agreed in March to use Innovia’s materials for its polymer notes, also raised objections, they said.

Pamplona’s cornerstone investor is Alfa Group, according to the company’s website. Fridman, 50, who has a net worth of USD13.5 billion and is the majority shareholder of Alfa Group, according to data compiled by Bloomberg Billionaires, is currently facing regulatory delays to his bid to buy German utility RWE AG’s oil and gas arm, RWE Dea AG.

While tensions between Russia and Western governments have been building since the end of last year over its military and territorial dispute with Ukraine, the banks’ concerns were raised before trade sanctions were imposed on the country in March, the people said. Neither Fridman nor the companies he controls are subject to any restrictions.

Pamplona chose to back out of the deal in the first quarter of 2014, the people said. Arle formed a consortium of investors to buy out the company’s existing backers in April, according to a statement.

Spokesmen for Arle, the Bank of Canada, Pamplona and the Reserve Bank of Australia declined to comment. A Bank of England spokeswoman said the U.K. central bank doesn’t comment on the commercial activities of third parties. Representatives for Innovia and for Mikhail Fridman didn’t respond to requests for comment.

MRC

Demand for SPVC in Russia decreased by 8% in January - September 2014

MOSCOW (MRC) - Calculated consumption of suspension polyvinyl chloride (SPVC) in Russia decreased by 8% in the first nine months of 2014.
Demand for PVC has declined in all sectors of consumption, according to a survey MRC ScanPlast.

Russia's supplies of PVC foe the first time in this year exceeded 100,000 tonnes in September, on the back of the increase in production and imports. Total calculated consumption (production + imports - exports) decreased to 691,700 tonnes in January - September this year, compared with 754,500 tonnes year on year. Demand for PVC declined by 5-10% depending on the consumption sector.

Russian producers managed to increase PVC output over the reported period to 457,300 tonnes, up 3% year on year. Increase in production figures showed Bashkir Soda Company (due to capacity expansion) and Kaustik (Volgograd), as well as RusVinil, which launched PVC production in mid-September.

Russia's PVC imports has decreased to 236,600 tonnes in the first nine months of the year, down 24% year because of a weaker demand from converters and rouble devaluation. PVC supplies from Europe and the United States have significantly decreased, while Chinese producers managed to increase their PVC shipments in Russia. PVC imports in Russia is expected to go down further this year as well as next year on the launch of RusVinil and expectations of further decline in demand for finished products made of PVC.

PVC export from Russia was practically absent because of a lack of capacities; PVC exports from Russia were less than 3,000 tonnes in the first nine months of the year, which made about 1% from the total PVC production in the country over the reported period. Demand for suspension PVC declined in all sectors of consumption.

According to official data of Rosstat, the production of plastic windows and window sills in the nine months of the year decreased to about 187.7 mln sq. m, down 7% year on year. A similar situation was seen in the markets of PVC pipes and plastic compounds, there was also a reduction in demand for finished products made from 5% to 10%.


MRC

Bashkir Soda Company resumed PVC production

MOSCOW (MRC) -- Bashkir Soda Company, Russia's third largest polyvinyl chloride (PVC) producer after RusVinyl and Sayanskkhimplast, resumed its PVC production after an outage for maintenance, according to ICIS-MRC Price report.

The plant had resumed production of material by Monday, 20 October, after nearly a two-week turnaround. The plant was shut down on 5 October, its annual production capacity is 230,000 tonnes.

As reported earlier, Kaustik (Volgograd) plans to resume its production after maintenance works before the end of this week, the plant shut down its PVC production with the annual production capacity of 90,000 tonnes on 3 October.

Open Joint Stock Company "Bashkir Soda Company" OJSC ("BSC") was formed in May 2013 by merging the two companies: JSC "Soda" and JSC "Kaustik". To date, JSC "BSC" is one of the largest chemical complexes in Russia. The plant's main products are caustic soda and chlorine, soda ash, sodium bicarbonate, PVC, cable compounds, hydrochloric acid, corrosion inhibitors, wood-polymer composite, calcium chloride, terephthaloyl chloride and other chemical products. The overall PVC production increased to 172,200 tonnes over the first nine months of 2014 from 155,700 tonnes a year earlier.
MRC

Production of finished products from polymers in Russia rose by 9.5% from January to September 2014

MOSCOW (MRC) -- The output of finished products from polymers in Russia grew by 9.5% over the first nine months of 2014. Films production rose by more than 30%, whereas the construction sector showed negative results, reported MRC analysts.

September production of main products from polymers in Russia increased only by 2.2% from August due to a number of factors.

According to the Federal State Statistics Service of the Russian Federation, September output of non-combined and unreinforced films dropped to 108,000 tonnes versus 109,000 tonnes a month earlier. Thus, production of these products in Russia totalled 828,700 tonnes from January to September 2014, up by 30.1% year on year.

Last month's output of plates and sheets rose to 19,700 tonnes from 18,500 tonnes in August. The output of these products by Russian companies reached 163,700 tonnes over the said period, up by 1.4% year on year.

September production of plastic pipes, hoses and fittings reached 70,600 tonnes under the pressure of seasonal factors versus 55,800 tonnes in August. The overall production of these products reached 429,000 tonnes over the first nine months of 2014, down by 6% year on year.

Last month's output of plastic windows, their frames and sills virtually remained at the August's level and totalled about 2.9 million square meters. Production of plastic windows and window sills was about 18.7 million square meters from January to September 2014, down by 9.8% year on year.
MRC