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Fine Organic Industries starts operations at new facility in India

December 02/2020

MOSCOW (MRC) -- Fine Organic Industries informed that new manufacturing facility situated at Additional MIDC Patalganga, Maharashtra has started its operations from 25 November 2020, according to Kemicalinfo.

Fine Organic Industries earlier announced expansion of its production capacity by 10,000 tonnes per annum each at its Patalganga, Maharashtra and Leipzig, Germany manufacturing units taking the overall capacity to 121,300 tonnes per annum.

This new complex will cater Fine Organics range of polymer additives to its growing customer base in India and abroad. The manufactured range will have expanded capacities of its various polymer additives including slip additives.

It also announced the establishment of a new production facility in Leipzig, Germany, with an initial planned capacity of 10,000 tonnes per annum. This facility will be owned and operated by a joint venture company where Fine Organic Industries will have shareholding of 50%.

As MRC reported earlier, on March 18, 2012, Fine Organics inaugurated its newest facility dedicated to the production of distilled mono-glycerides (GMS) near Mumbai. The 10,000 MTPA facility is designed in keeping with Fine's high standards in plant safety, productivity and controls. The world-class facility, built with in-house knowledge and technology expertise, is a result of the collaborative efforts of Fine's R&D team and the Projects team. Fine Organics is determined to maintain its reputation as a leading global supplier of specialty additives by building such facilities.

We remind that German chemicals maker BASF has recently increased its production capacity for advanced additives at its wholly-owned site in Nanjing, China. The new asset with state-of-the-art technologies will allow BASF to produce high molecular weight dispersing agents, slip and leveling agents and other additives locally for Asian markets.

Besides, BASF said in early November it had put a project to build a petrochemicals complex in India worth up to USD4 billion on hold due to the economic uncertainty caused by the COVID-19 pandemic. BASF signed a memorandum of understanding with Abu Dhabi National Oil Company (ADNOC), Adani Group and Borealis AG in October 2019 to evaluate a collaboration to build the chemical site in Mundra, in Indias Gujarat state.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,594,510 tonnes in the first nine months of 2020, up by 1% year on year. Only high density polyethylene (HDPE) shipments increased. At the same time, PP shipments to the Russian market reached 880,130 tonnes in the nine months of 2020 (calculated using the formula: production minus exports plus imports, excluding producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, PP random copolymer, propylene, HDPE, ethylene, petrochemistry, adhesives, BASF, Germany, India, China, Russia.
Category:General News
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