MOSCOW (MRC) -- DIC Corporation and DIC Group company Sun Chemical Corporation have entered into an agreement to establish a strategic partnership with DuPont aimed at expanding global sales of degassing modules for water treatment, as per DIC's press release.
Through this partnership, DIC grants DuPont exclusive sales rights for its large degassing modules for industrial water treatment applications with the goal of increasing sales in Asia, the United States and Europe. The intention is to boost sales of these devices to approximately twice the fiscal year 2019 level by fiscal year 2021.
DuPont maintains a globally leading portfolio of water purification and separation technologies, including ultrafiltration, reverse osmosis and ion exchange resins. As DIC’s customers in this field, including water treatment equipment manufacturers, often use its degassing modules in combination with DuPont products, this partnership will position the company to extend total solutions and services. Under the terms of the partnership, products for water treatment in DIC’s SEPAREL series will be marketed under DuPont’s Ligase brand name.
This partnership, which will involve DuPont Water Solutions, will apply exclusively to the water treatment market. The DIC Group will continue to manufacture SEPAREL membranes to leverage its unique degassing technology for applications in other markets, including jet inks.
“This is an incredible opportunity for DIC and DuPont to introduce a single water treatment solution for customers,” said Kaoru Ino, President and CEO, DIC Corporation. “One of our goals as an organization is to provide comfort to the world around us. One way to do that is through water safety. We’re excited to enter into a partnership with DuPont Water Solutions that will positively impact both the industry and individuals everywhere.”
“As a global leader in innovative water technologies, we are continually expanding our portfolio of high-quality solutions to help our customers purify, conserve and reuse water,” said HP Nanda, Global Vice President & General Manager, DuPont Water Solutions. “We look forward to working with Sun Chemical and DIC to better meet the needs of our customers focused on water treatment and reuse.”
“We’re extremely proud to be partnering with DuPont Water Solutions to bring an all-encompassing solution to the market,” said Mehran Yazdani, President, Advanced Materials, Sun Chemical Corporation. “This collaboration will allow our water treatment customers to be better served with a single sourced product solution that meets their requirements and expectations.”
As MRC wrote earlier, in December 2019, DIC Corporation announced that it had increased the annual polystyrene production capacity of its Yokkaichi Plant, in Yokkaichi, Mie Prefecture, to 216,000 metric tonnes, from 208,000 metric tonnes, by reinforcing the plant’s polystyrene production facility and optimizing processes. Investment was not disclosed. The Company has set a target for increasing annual sales of polystyrene by 10% from the fiscal year 2017 level by fiscal year 2023.
According to MRC's ScanPlast report, Russia's estimated consumption of PS and styrene plastics was 225,870 tonnes in the first half of 2020, down by 8% year on year. PS consumption increased by 2% year on year in June 2020, totalling 39,590 tonnes.
MRC