Teknor Apex presented new rigid vinyl compound

(teknorapex) -- A new rigid vinyl compound that exhibits substantially higher flow than standard injection molding grades of RPVC provides an economical alternative to engineering thermoplastics for large products such as appliance panels, thin-wall parts, and complex structures with elaborate flow paths, it was announced today by Teknor Apex Company.

New high-flow Apex RM 8911 compound exhibits 25 to 50% greater flow in relative spiral flow (RSF) tests as compared with standard RPVC grades, while providing a high gloss finish.. The compound is UL-94 recognized for applications requiring V-0 or 5 VA flammability ratings. It is strong, durable, chemical-resistant and offers low viscosity for ease of processing. Physical properties of Apex RM 8911 compound are listed in the accompanying table.

For customers with multiple international operations, Teknor Apex can supply identical Apex RM 8911 formulations worldwide from its PVC compounding plants in the U.S., Singapore, and Suzhou, China, noted Michael J. Renzi, business development manager for the Vinyl Division of Teknor Apex.

"Our new Apex RM 8911 compound is the latest in a growing range of RPVC products from Teknor Apex," said Renzi. "Drawing on decades of experience with vinyl technology and on our expanded manufacturing capabilities, Teknor Apex is poised to become a major player in RPVC worldwide."
MRC

Uzbekneftegaz and Indorama make gas JV


(plastemart) -- Uzbekneftegaz and Singapore's Indorama Group have established the UzIndoramaGazChemical joint venture (JV) to build a gas chemical complex (GCC) on a parity basis, as per Trend News Agency.

In 2010, Uzbekneftegaz and Indorama signed a memorandum of cooperation, providing for technological and financial participation of Singapore company to establish production of diversified products (polymers and polyethylene) on the basis of the Mubarek Gas Processing Plant. As reported earlier, the project worth USD2.5 bln envisages building the GCC with a capacity of 400,000 tpa of polyethylene.

The construction period is four years. The project will be financed by Uzbekneftegaz, loans from the Uzbek Reconstruction and Development Fund, and investments by the Singaporean company Indorama.

MRC

PolyOne to expand successful distribution business into Costa Rica

(plastemart) -- PolyOne Corporation has announced it is expanding its successful distribution business into Costa Rica. PolyOne's presence in this new market will initially focus on healthcare applications and could broaden to serve other industries. Operations and logistics, as well as sales and customer service functions, will be located in the city of San Jose, an ideal location in close proximity to many key customers in the region.

"Our operations in Costa Rica will provide value to global healthcare device manufacturers, processors and suppliers by helping them to streamline logistics and simplify inventory management," said Kurt C. Schuering, president, PolyOne Distribution.

Costa Rica was recently ranked by a World Bank study as the top high-tech exporter in Latin America. The medical industry in Costa Rica is expanding rapidly, with more than 30 medical device companies manufacturing locally. "Serving the healthcare industry is a core area of expertise for PolyOne, and this recent investment expands our ability to better support customers in this market," said Robert M. Patterson, executive vice president and Chief Operating Officer, PolyOne Corporation.

"Further, adding sales and customer service capabilities in Costa Rica is entirely consistent with our proven strategy to grow our business through global expansion in high-growth markets and regions of the world."

MRC

Manjushree Technopack closes registers growth of over 30% in PAT

(tc-plastic) -- Bangalore based Manjushree Technopack Ltd, leaders in rigid plastic packaging in the country, announced their annual results for financial year ending March 31, 2012. The company has crossed an impressive Rs. 300 crore mark this year and has registered steady growth across all key performance indicators like sales turnover, PBT and PAT.

Announcing the results, Mr. Vimal Kedia, Managing Director, Manjushree Technopack Ltd, said “This year has seen us reach greater heights and the Rs 300 crore turnover is a significant landmark for us. It is only a year ago that we crossed Rs. 200 crores. We also witnessed a 100% increase in our exports last year and we expect it to double this year as well, with huge demand for PET Preforms from countries like USA, South and West Africa and Thailand. Our strong focus on innovation has seen us introduce new designs like the short-neck preforms, and we expect significant demand, particularly from the beverages segment, for such designs. We hope to close the next year at over Rs 400 crore.”

Some of the leading brands that Manjushree works with include Coca Cola, Pepsi, Bisleri, Cadburys, Unilever, GSK and P&G among many others.

mrplast.com

BASF to build new antioxidants plant in Singapore

(plasteurope) -- BASF (Ludwigshafen/Germany) is building a state-of-the-art antioxidant production line on Jurong Island, Singapore. No investment cost or capacity figures have been announced. The group said the new line will "strengthen the production focus" of its "Irganox 1010" additives at the Singapore site and will help meet demand from Asia and the Middle East.

When the plant is completed in 2013 it will absorb the production of Irganox currently located at Isohara / Japan. Along with Singapore and Japan, BASF also produces the plastics additives at Shanghai / China, Kaisten / Switzerland, McIntosh, Alabama / USA, Lampertheim / Germany and Pontecchio Marconi / Italy.
MRC