MOSCOW (MRC) -- Polyplastics (Tokyo, Japan) says it plans to build a 20,000-metric tons/year cyclic olefin copolymer (COC) production facility in Leuna, Germany, with the plant scheduled to be operational by mid-2023, reported Chemweek.
No investment figure has been given.
The plant will be operated by its fully owned subsidiary Topas Advanced Polymers and will more than double the company’s current COC output. Polyplastics already has an existing COC production plant in Oberhausen, Germany, but says the new facility will help meeting growing demand worldwide for COC polymers.
Since the plant at Oberhausen began operations in 2000, a range of applications for the company’s COC polymer resins have been developed, including for medical, healthcare, optics, packaging, and electronics applications, it says. Monomaterial structures based on polyethylene (PE), enhanced with COC, are easier to recycle than other multimaterial solutions, it adds.
As MRC wrote before, Polyplastics Co., Ltd. announced on January 21 its decision to expand its engineering plastics compound plant in Malaysia operated by Polyplastics Asia Pacific Sdn. Bhd. (PAP), a wholly owned local subsidiary headquartered in Kuala Lumpur.
Ethylene and propylene are feedstocks for producing PE and polypropylene (PP).
According to MRC's ScanPlast report, Russia's overall PE production totalled 1,712,400 tonnes in the first seven months of 2020, up by 58% year on year. Linear low density polyethylene (LLDPE) accounted for the greatest increase in the output. At the same time, overall PP production in Russia increased in January-July 2020 by 24% year on year to 1,063,700 tonne. ZapSibNeftekhim accounted for the main increase in the output.
The Polyplastics Group, as a top supplier of engineering plastics whose Fuji Plant in Japan; Dafa Plant in Kaohsiung, Taiwan; and Nantong Plant in mainlandChina have a combined yearly compound production capacity of 150,000 tons, will continue to make every effort to provide customers with a stable supply of products in the aim of further increasing customer satisfaction.