Price and market trends: TSRC starts up China styrene block copolymer plant

02 May 2014 10:06 Source:ICIS Chemical Business

The company also plans another SIS plant in Taiwan to start up in 2016 through a joint venture

Taiwan Synthetic Rubber Corporation (TSRC) announced on 21 April that its new 25,000 tonne/year plant in Nantong of east China is now online, producing the company’s highest performing styrene-isoprene-styrene (SIS) block copolymer, VECTOR, to serve growing market demand in the Asia-Pacific region and around the world.

TSRC acquired Dexco Polymers in 2011 and is now one of the top global leaders in the production of styrenic block copolymers (SBCs).

The announcement marks a milestone for the company in its global positioning strategy to combine technologies in order to offer more differentiated and higher value-added products to customers, strengthening its leadership in the international rubber market, the company said.

“As one of the largest SBC producers in the world, we are quickly expanding our global supply chain throughout the Asia-Pacific region,” TSRC said. “We now have production operations and service teams strategically located throughout China, Taiwan, India, Europe and the United States to more efficiently serve the needs of our customers throughout the world.”

VECTOR SIS block copolymers possess a level of purity, consistency and performance not found in conventional SBCs, the company said.

The Nantong plant will allow Asian SIS customers greater access to the polymer, which allows them to optimise their adhesives formulations, produce consistent, high-performing elastic films and participate in the global market, the company said.

TSRC also plans another SIS plant in Taiwan to start up in 2016 through a joint venture with Chinese Petroleum Corporation (CPC).

“One aspect of our expansion strategy is to offer customers global reach and local supply in all regions of the world. Global production facilities, located adjacent to secure feedstocks when possible, enhance supply availability and cost effectiveness,” said a company official at the media day event of 2014 ChinaPlas which was held 23-26 April at the Shanghai New International Expo Centre.

By Dolly Wu