Songwon progresses Middle East polymer additives projects
30 April 2012 13:27 [Source: ICIS news]
LONDON (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
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
| ICIS news FREE TRIAL |
| Get access to breaking chemical news as it happens. |
| ICIS Global Petrochemical Index (IPEX) |
| ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index |
Related Articles
- 08 Oct 12 14:05 EPCA ’12: S Korea’s Songwon eyes DOTO expansion by end of June 2013
- 08 Oct 12 04:23 EPCA '12: Songwon to build US, Mideast polymer additives plants
- 04 Oct 12 16:39 Songwon completes German polymer additives capacity expansion
- 28 Sep 12 13:44 Songwon to expand DOTO capacity in Ulsan, South Korea
- 26 Sep 12 10:37 Bahrain's BAPCO sells 55,000 tonnes naphtha at low-$30s/t premium
- 20 Apr 12 11:00 CHINAPLAS ’12: Songwon to build polymer additives units in Mideast
- 18 Apr 12 13:58 Songwon to double polymer additives one-pack systems capacity
- 13 Dec 11 17:27 GPCA '11: Songwon to build Mideast additives plants with partners
Latest News
- 20 Jun 13 12:55 EU methanol Q1 imports up 9% year on year: Eurostat
- 20 Jun 13 12:48 Advances in UK biofuels hindered by lack of clarity - MP
- 20 Jun 13 12:48 Europe June PP monthly prices up, spot levels ease
- 20 Jun 13 12:29 EU styrene acrylonitrile imports up 44% year on year in March
- 20 Jun 13 12:24 Moody's upgrades outlook of chemicals distributor Brenntag