MOSCOW (MRC) -- BASF, the world's largest petrochemical producer, and its customers are innovating with plastics solutions in Asia Pacific to address the sustainability challenges of the region and the world, as per the company's press release.
At Chinaplas 2014, BASF will demonstrate solutions that help local and international companies compete in areas such as lightweight solutions that improve automotive fuel efficiency and comfort; consumer product safety; buildings with better environmental performance; and manufacturing efficiency, which is enhanced through accelerated polymer densification and other process innovations.
Dr. Zheng Daqing, Senior Vice President Business & Market Development Greater China, BASF, said, "Rapidly changing consumer needs in China and other emerging markets, the result of fast urbanization and growing disposable income, are creating challenges in areas such as energy use, consumer product safety, and waste management. With the latest plastics solutions, we are collaborating with our customers on innovations to address these challenges that are developed in Asia Pacific, for Asia Pacific and the world."
Thus, at Chinaplas 2014, for the first time BASF will reveal their latest concept for car seats, developed in collaboration with AP Solutions, a Korean design and engineering agency specialized in the automotive industry. Taking design trends and regional market needs into account, BASF materials were used in an innovative way to allow weight and space savings as well as unique styling possibilities to enable maximum design freedom for slimmer, lighter and more comfortable car seats.
To enable greater productivity and energy savings in the plastics industry, BASF will introduce additives that allow faster roto molding cycle for polymer densification. Polyethylene (PE) stabilized with Irganox CB Roto promotes densification of the polymer during molding and enables the production of products with high impact properties after shorter heating times and lower oven temperatures.
Showcasing the world’s first co-extruded PVC-PBT window profile, BASF will also launch the latest innovation in its Ultradur (Polybutylene Terephthalate) product range. This new grade can be co-extruded with polyvinylchloride (PVC) and hence optimizes the manufacturing process of window profiles. Replacing steel as reinforcement in window profiles, the lightweight Ultradur eliminates cold bridge effects and significantly increases energy efficiency while at the same time adding comparable durability and strength.
As MRC wrote before, BASF is also enhancing new technologies and materials for plastics solutions by strengthening its research and development capacity. Last month, BASF established the research initiative "Network for Advanced Materials Open Research" (NAO) at its Innovation Campus Asia Pacific in Shanghai together with seven leading universities and research institutes in China, Japan and South Korea. The initial focus is on products for the automotive, construction, as well as the water and wind energy industries . BASF has also launched similar initiatives in Europe and North America.
BASF is the leading chemical company. It produces a wide range of chemicals, for example solvents, amines, resins, glues, electronic-grade chemicals, industrial gases, basic petrochemicals and inorganic chemicals. The most important customers for this segment are the pharmaceutical, construction, textile and automotive industries.
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MOSCOW (MRC) -- European countries such as Italy, Spain and Greece have resumed imports of petrochemical products from Iran, said Plastemart, citing a senior Iranian energy official.
Iran’s oil and petrochemical exports have increased following some sanctions relief, including the EU and US bans on the country’s petrochemical exports. The ban ease is part of an agreement inked in Geneva last November between Iran and the five permanent members of the UN Security Council - the US, France, Britain, Russia, and China - plus Germany, under which the six countries agreed to provide Iran with some sanctions relief in exchange for Iran agreeing to limit certain aspects of its nuclear activities during a six-month period. The Geneva deal took effect on January 20.
As MRC wrote before, a ban on the import of Iranian petrochemical goods came into effect on 1 May 2012. In early June 2013, the US announced new sanctions against Iran by identifying eight Iranian petrochemical companies it claims to be owned or controlled by the Iranian government, namely Bou Ali Sina Petrochemical Company, Mobin Petrochemical Company, Nouri Petrochemical Company, Pars Petrochemical Company, Shahid Tondgouyan Petrochemical Company, Shazand Petrochemical Company, Tabriz Petrochemical Company and Bandar Imam Petrochemical Company, on May 31, 2013. The US and the European Union imposed also sanctions against Iran’s oil and financial sectors in order to prevent other countries from purchasing Iranian oil and conducting transactions with the Central Bank of Iran.
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