Veka invests in UK PVC recycling plant

MOSCOW (MRC) -- Veka Recycling is investing almost Euro 1.2 million (USD1.6 million) in its south-east England facility to produce high-quality recyclate suitable for PVC extruded products, said Recyclinginternational.

A new compounding line will enable the company to supply European markets with PVC pellets derived from post-industrial or post-consumer window frame material. According to the firm, this is in addition to the existing supply of both pellet and micronised PVC from its German and French factories.

According to Veka's managing director Tony Cattini, the investment will help to meet continuing demand for recycled content in new products with all the associated economic and environmental benefits for manufacturers and consumers. 'It also underlines our commitment to progressive growth and development in this sector as well as continuing to offer a sustainable and reliable outlet for PVC window waste,' he says.

As MRC wrote before, Veka Recycling Ltd, will be joining colleagues from France and Germany at K 2013 to announce the launch of its high-quality recyclate suitable for a wide range of new PVC-U extruded products.

Established in the UK since 2007 and with an annual recycling capacity of 20 000-plus tonnes, the Kent-based company is part of the VEKA Recycling Group, which has processing facilities in three European countries and has more than two decades' recycling experience in producing pelletised material that can be used in new extrusion products, including windows.
MRC

MOSCOW (MRC) -- Japanese petrochemical producer - Taiyo Vinyl Corp., a subsidiary of Tosoh Group, is in plans to shut its polyvinyl chloride (PVC) plant for maintenance, reported Apic-online.

Located at Osaka in Japan, the PVC plant has a production capacity of 170,000 mt/year.

According to a Polymerupdate source in Japan, the plant is likely to be shut for a maintenance turnaround in July 2014 for a period of about one month.

As MRC informed before, Taiyo Vinyl has been expanding its PVC production capacities in Chiba, Japan. With the construction of a new plant, the company plans to increase its PVC production by 10,000 tonnes per year.

Taiyo Vinyl Corporation, a subsidiary of Tosoh Group, is one of Japan's largest manufacturers of polyvinyl chloride (PVC). The plant in Chiba is one of the company's key assests, which supplies 50% of its products to the domestic market. The company also produces PVC at the plants in Yokkaichi and Osaka with the annual capacity of 310,000 and 150,000 tonnes, respectively.
MRC

MOSCOW (MRC) -- Idemitsu Kosan, one of Japan’s largest refining and petrochemical companies, is in plans to shut its SM plant for maintenance turnaround, as per Apic-online.

A Polymerupdate source in Japan informed that the plant is likely to be shut in April 2014. It will remain off-stream for around one month.

Located in Chiba, Japan, the plant has a production capacity of 210,000 mt/year.

As MRC reported earlier, Idemitsu Kosan, one of Japan’s largest refining and petrochemical companies, has announces its plans to transfer its PPS (polyphenylene sulfide) resin business to Lion Idemitsu Composites, a 50:50 joint venture between Lion Corp and Idemitsu Kosan.

Idemitsu Kosan is a Japanese petroleum company. It owns and operates oil platforms, refineries and produces and sells petroleum, oils and petrochemical products. The company runs two petrochemical plants in Chiba and Tokuyama. The two naphtha crackers can produce up to 997,000 tonnes of ethylene per year.
MRC

MOSCOW (MRC) -- Sinopec Engineering Group said it has entered into a deal to build a USD3.1 billion plant in northern China to turn coal into petrochemicals, as China seeks to reduce its reliance on petrochemical imports, said Hydrocarbonprocessing.

Sinopec Group, said it would deploy a self-developed technology to make olefins from methanol, which can be extracted from coal. The coal-based process is cost competitive versus China's conventional way of making petrochemicals from more costly naphtha, a refinery product processed from crude oil.

"Sinopec has long realized that it needs to diversify feedstocks for making ethylene," said Yan Kefeng, an analyst with consultancy IHS CERA. The plant, at Uxin county of Inner Mongolia's Ordos city, is owned by Zhong Tian He Chuang Co. Ltd, a joint venture which has Sinopec Corp and China Coal Energy Company among its main investors.

"It is a significant milestone for SEG to establish an integrated new coal chemical industrial chain," the company said in a statement released late on Tuesday. Key facilities of the investment include a 3.6 million tpy synthetic methanol unit, two 1.8 million-tpy methanol to olefin units and two polypropylene units. Sinopec Engineering will hand over the project by Oct 30, 2015.

As MRC wrote before, Platts Energy Information, supplier of global energy resources information, has revealed the 2013 Top 250 Global Energy Companies ratings with Sinopec ranking the 10th on the list. Last year the company occupied the 12th position, thus, this year, it moved 2 places higher than in 2012.

Sinopec Corp. is one of the largest scale integrated energy and chemical companies with upstream, midstream and downstream operations. Its refining and ethylene capacity ranks No.2 and No.4 globally. The Company has 30,000 sales and distribution networks of oil products and chemical products, its service stations are now ranked third largest in the world.

MRC

MOSCOW (MRC) -- Imports of suspension polyvinyl chloride (SPVC) into Kazakhstan increased by 13% over the first eleven months of 2013, reported MRC analysts.

November SPVC imports to Kazakhstan dropped to 2,900 tonnes under the pressure of seasonal factors from 3,800 tonnes in October. The overall PVC mports exceeded 28,000 tonnes from January to November 2013, while this figure was about 24,800 tonnes over the same period a year earlier.

Local producers of pipes and window profiles have ensured stronger demand for SPVC in Kazakhstan. Chinese producers are the key PVC suppliers with the overall share in the total imports of over 95%.
MRC