New ABS resin from Styron

(Styron) -- Styron, a leading materials company recently launched MAGNUM MATT ABS resin, a new resin with an excellent matt finish, ideal for use in applications such as panels and interior components of public transport, automotive and leisure vehicles.

Athlone Extrusions Ltd. and VitasheetGroup of Vita Plc, leading producers of custom-made extruded plastic sheet, were both valuable partners in the development of this new and improved matt ABS.

Tests conducted by Athlone and the VitasheetGroup proved that MAGNUM MATT exhibited superior performance than incumbents in terms of processing behaviour, colour flexibility and matt consistency.

As a result, the majority of Athlone's matt ABS sheet production today utilizes MAGNUM MATT and the The VitasheetGroup uses it as its core resin.

Styron is a leading global materials company, dedicated to innovate and deliver for its customers. Styron's unique and balanced product portfolio brings together plastics, rubber and latex businesses that share feedstocks, operations, customers and end users. Styron has a leadership position in its two flagship products, polystyrene and latex.

MRC

(Plastemart) -- India's state-owned Hindustan Petroleum Corp. Ltd (HPCL) plans to invest Rs 30,000 crore (US$6.7 bln) to set up an 18 mln tpa refinery in the state of Maharashtra.

The new refinery was conceptualised to make up for space constraints at HPCL's existing Mumbai Refinery. HPCL's existing 6.5 mln tpa Mumbai refinery is situated in a plot measuring just 350 acres vs standard requirement of over 2,000 acres of land for a refinery of this size.

Currently 1,800 acres of land is available with MIDC (Maharashtra Industrial Development Corp), and the company has asked for an additional 1,000 acres between Ratnagiri and Raigad. Engineers India has been appointed to carry out a feasibility report on the proposed refinery, expected to be ready by December. The options being weighed are one single unit of 18 mln tpa or two units of 9 mln tpa capacity each.

MRC

(Plastemart) -- South Korea's SK Energy has begun test runs on a steam cracker at its Ulsan complex that utilizes experimental technology, as per Platts. The cracker uses naphtha as the primary raw material, but is also able to use diesel or kerosene as secondary feedstocks.

Besides a wider choice in feedstocks, a special feature of the process is the high ratio of propylene yield compared with ethylene, about 1:1.

Mechanical completion of the cracker, which is able to produce 20,000 tpa each of ethylene and propylene, was completed in August and feedstock was first fed into the unit on October 25.

The cracker will be operational for a year before a decision is made on further investment on a commercial-scale plant using the same technology.

MRC

(Trinidad&Tobago's Newsday) -- Four containers, with $531,000 worth of PVC pipeline from WASA (Water and Sewerage Authority of Trinidad and Tobago) were despatched to St Lucia, Public Utilities Minister Emmanuel George said yesterday as the Government continued its disaster aid drive in the wake of Hurricane Tomas.

⌠About 80-85 percent of the water systems in St Lucia were destroyed, George told reporters. He noted that infrastructure supporting the Sir John Compton Dam was badly damaged.

The minister said the shipments to St Lucia would not affect WASA's local operations in this country, where many are still to date without a 24/7 supply of water. WASA in a press release said the aid was ⌠drawn from WASA's existing stockpile with no impact on day-to-day operations.

MRC

(Thai-ASEAN News Network) -- A group of PVC producers in five Southeast Asian countries has teamed up to promote green initiatives and a sustainable approach to technological development, in hopes of preventing environmental conflicts.

Twelve polyvinyl chloride producers from Indonesia, Malaysia, the Philippines, Vietnam, and Thailand formed the ASEAN Vinyl Council, which aims to address environmental issues related to the industry, such as emission standards for chemical waste, to help minimize the impact on the environment and local communities.

AVC's general manager, Namsak Chunhajutha, said the council will provide support for businesses that wish to better connect with local communities and promote public understanding of investment projects.

Namsak revealed that the consumption of PVC raw materials among Southeast Asian nations currently stands at an average of 1.4 million tons a year, while the output is 2.1 million tons.

MRC