Dow, Asahi Kasei make China PS plant startup official
01 November 2002 06:22 [Source: ICIS news]
SINGAPORE (CNI)--SAL Petrochemical (Zhangjiagang) Co Ltd, a 50:50 joint venture between Dow and Asahi Kasei, announced on Friday the official startup of its 120 000 tonne/year polystyrene (PS) plant in Zhangjiagang, China.
The company had earlier pushed back the startup of the PS project to Q3-2002 from mid-2002. It finished conducting trial runs on the plant in August-September and brought the unit onstream in October.
Dow Polystyrene business vice president Clay Dunn said the startup of the Zhangjiagang plant would enable the company to enhance its response to the fast-growing China market as well as expanding its production capabilities.
Dunn said that China’s accession to the World Trade Organisation (WTO) would present many opportunities for the company's business and by integrating into the local economy with an in-market manufacturing base and marketing channel, Dow believed it would enhance its ability to respond to its existing and prospective customers.
By: Iqbal Anand
+65 6780 4359
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