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Polyplastics Co., decided to construct the new polymerization plant in Taiwan

September 07/2021

MOSCOW (MRC) -- Polyplastics Co., Ltd. has decided to construct the new polymerization plant with the production capacity of 5,000 tonnes per year at Polyplastics Taiwan Co., Ltd., said the company.

As a highly heat-resistant super engineering plastic, LCP is used in a wide range of industrial fields, mainly electronic components used in information and communication equipment such as personal computers and smartphones, and its market has continued to expand at a high growth rate. In recent years, the market demand has increased along with the increase in investment for 5G equipment, and it is expected that the applications of LCP will continue to expand with the full-scale support for 5G millimeter waves.

We have the LCP polymerization plant with the production capacity of 15,000 tons/y at the Fuji Plant (Fuji City, Shizuoka Prefecture), and PTW has been responsible for the compounding process in the manufacturing of LCP products. This new polymerization plant enables PTW to have the integrated production of LCP products from polymerization to compounding and LCP polymerization. In the future, by expanding PTWs LCP polymerization plant, the Polyplastics Group as a whole will achieve the production capacity of 25,000 tons/y of LCP polymerization.

To respond to the global market of LCP which is expected to expand rapidly in the future, we will continue to make efforts to earn the trust of our customers with high performance, high quality and stable supply as a top manufacturer of LCP based on the further growth strategy of LCP business.

As per MRC, Polyplastics (Tokyo, Japan) plans to build a 20,000-metric tons/year cyclic olefin copolymer (COC) production facility in Leuna, Germany, with the plant scheduled to be operational by mid-2023. No investment figure has been given. The plant will be operated by its fully owned subsidiary Topas Advanced Polymers and will more than double the companys current COC output. Polyplastics already has an existing COC production plant in Oberhausen, Germany, but says the new facility will help meeting growing demand worldwide for COC polymers.

Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,176,860 tonnes in the first half of 2021, up by 5% year on year. Shipments of exclusively low density polyethylene (LDPE) decreased. At the same time, PP shipments to the Russian market were 727,160 tonnes in the first six months of 2021, up by 31% year on year. Supply of homopolymer PP and block-copolymers of propylene (PP block copolymers) increased. Supply of statistical copolymers of propylene (PP random copolymers) subsided.

Polyplastics Taiwan Co., Ltd. Is a joint venture company that manufactures and sells engineering plastic invested by Polyplastics Co., Ltd. (75% stake) and Chang Chun Group (25% stake) (Headquarters: Taipei, Plant: Kaohsiung).
Author:Anna Larionova
Tags:petroleum products, PP, PE, neftegaz, petrochemistry, Polyplastics Co.
Category:General News
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