Songwon progresses Middle East polymer additives projects

30 April 2012 13:27  [Source: ICIS news]

Songwon moves polymer additives project to BahrainLONDON (ICIS)--Songwon Industrial’s new additives projects in the Middle East are expected to have initial capacities of 7,500 tonnes/year, Maurizio Butti, chief operating officer of the South Korea-based group, said on Monday.

Songwon had planned to locate one of the projects in Saudi Arabia but Butti said that project has now been moved to Bahrain.

The company expects to bring the Bahrain plant onstream by early 2013 and a plant in Abu Dhabi by mid-2015, he added. The plants will produce dust-free polymer additive packages, known as one-pack systems (OPS).

Songwon, Saudi company Pan Gulf Holding and Abu Dhabi-based Polysys Industries have signed a memorandum of understanding to create a joint venture named Songwon Additive Technologies, which will implement the Middle East projects.

By: Anna Jagger
+44 20 8652 3214

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