Qapco opens new representative office in Istanbul

(Gulf Times) -- Qatar Petrochemical Company (Qapco) has opened its new representative office in Istanbul, Turkey.

Qapco director and general manager Dr Mohamed Yousef al-Mulla reiterated the importance of the Turkish market for Qapco, which has been supplying low-density polyethylene (LDPE) to customers in the country for more than 20 years. The office will help Qapco consolidate its position as a leading exporter of low-density polyethylene (LDPE) to the country, he said.

Ambassador al-Abdul Ghani highlighted the ⌠exceptional relationship between Qatar and Turkey and said the bilateral trade has now exceeded $2bn. Currently, Qapco's LDPE products are sold to more than 4,500 customers in some 85 countries.


GPCA chief hopeful of end to India-Middle East ADD row

(ICIS) -- The Gulf Petrochemicals and Chemicals Association (GPCA) is hopeful that the trade dispute over antidumping duties on polymers between India and the Middle East will soon be resolved, the association chief said on Monday.

Saudi Arabia and Oman, along with Singapore, were slapped with tariffs on polypropylene (PP) shipments to India, upon determination that dumping of the material was taking place. Saudi Arabia had threatened to bring up the case before the World Trade Organisation (WTO) if India did not retract its trade policy.

⌠We are optimistic that a win-win situation for all will be found soon, GPCA secretary general Abdulwahab al-Sadoun told ICIS in a phone interview. The trade squabbles between India and the Middle Eastern countries may be discussed on the sidelines of the 5th annual GPCA meeting in Dubai, which will run from 7-9 December, he said.


BASF, Petronas consider ┬1bn Malaysia specialty chem investment

(ICIS) -- BASF and Petronas are considering jointly investing around ┬1bn ($1.34bn) to produce specialty chemicals in Malaysia, the companies said on Monday.

The German chemicals giant and the Malaysian oil and gas firm have signed a memorandum of understanding to undertake a feasibility study of the project, due to be completed next year, they said in a joint statement.

The study would check on the technical, commercial and economic viability of jointly owning and operating world-scale facilities for the production of specialty chemicals, including non-ionic surfactants, methanesulphonic acid, iso-nonanol as well as other C4-based specialty chemical products.

BASF board director Martin Brudermuller said: ⌠By expanding our local production base in Malaysia, we can further improve our ability to supply our customers in Asia, from Asia. The investment was in line with the German firm's goal of producing 70% of Asia Pacific sales in the region by 2020, with investments of ┬2bn between 2009 and 2013.

The companies have an existing joint venture in Malaysia - BASF Petronas Chemicals - which currently owns and operates an integrated complex in Gebeng, Pahang, Kuantan that produces acrylic monomers, oxo products and butanediol.


Spain's Plasticos Castella buys Nypro plant in Hungary

(PRW) -- Nypro has sold its injection moulding plant in Nagyigmand, Hungary, to privately-owned Spanish plastics packaging firm Plasticos Castella. But Nypro will retain a minority stake in the company being formed to operate the plant.

The new company, a unit of Plasticos, will be called PlastiCast Hungary Kft. The 5,000 sq/ft plant, built approximately 10 years ago as a consumer electronics plant, was converted primarily to a plastic packaging plant because manufacturing of the plant's original products shifted almost exclusively to Asia.

The Nagyigmand manufacturing facility will be the first factory for Plasticos Castella outside of its headquarters country of Spain. Plasticos said that it intends to add injection moulding machines and increase production capacity at PlastiCast ⌠in the immediate future.


Sasol to build ethylene tetramerization unit in Lake Charles

(Downstream Today) -- Sasol on Thursday announced plans to construct the world's first commercial ethylene tetramerization unit, capable of producing more than 100,000 metric tons per year of combined 1-octene and 1-hexene, at its Louisiana production site in Lake Charles.

This first-of-a-kind unit will be built in Southwest Louisiana and will be located inside Sasol's existing Lake Charles Chemical Complex. The tetramerization unit will expand the facility's workforce by nearly 10%.

Construction will commence in 2011, and the plant will reach beneficial operation in mid-2013.