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SI Group to launch plant to make Weston 705-brand antioxidants in Danyang

April 16/2021

Moscow (MRC) -- Performance additives maker SI Group is opening a new plant to make Weston 705-brand antioxidants in Danyang, China by May 2021, said Canplastics.

In a news release, officials with the Schenectady, N.Y.-based company said that the additional sourcing point for this strategic antioxidant product will further increase security of supply for SI Groups global customer base and will enable quicker expansion of the product in China and the rest of Asia Pacific region through compressed lead time and simplified logistics.

Until now, SI Group has supplied the Chinese market with Weston 705 from its U.S. plant in Morgantown, W.Va. SI Group officials describe Weston 705 as a modern liquid phosphite antioxidant that offers global regulatory compliance combined with a superior performance profile compared to the incumbent solutions. It represents an industrially proven drop-in substitute to TNPP in most of its applications and can be deployed in a broad range of polyolefins and other plastics and elastomers that require stabilization, SI Group said. The material meets most food contact standards and also offers lower discolouration.

"This is a prime example of our investment in the Asia Pacific region, said David Lu, SI Groups vice president and managing director, Asia Pacific. We are committed to developing leading solutions that meet our customers needs with the global footprint to support reliable supply."

As it was written earlier, GE Toshiba Silicones (GETS) opened a silicones manufacturing facility in Nantong, Jiangsu province of China in 2007. The new plant, which costed  USD78 million, will be the largest GETS facility in China.

We remind that Russia's output of chemical products rose in February 2021 by 5.3% year on year. Thus, production of basic chemicals increased year on year by 7.5% in the first two months of 2021, according to Rosstat's data. Last month's production of polymers in primary form in Russia was 861,000 tonnes versus 196,000 tonnes in January. Overall output of polymers in primary form totalled 1,770,000 tonnes over the stated period, up by 8.4%  year on year.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, neftegaz, petrochemistry, China.
Category:General News
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