MOSCOW (MRC) -- Solvay says it is extending its partnership with Boeing by signing a long-term enterprise agreement to supply composites and adhesives across all Boeing commercial and defense aircraft programs, including primary and secondary structures, interiors, and surfacing, reported Chemweek.
"This contract renewal reinforces Solvay’s more than 30-year relationship with Boeing," says Carmelo Lo Faro, president/composite materials at Solvay. The company says that it supplies Boeing with a large portfolio of advanced materials including thermoset and thermoplastic composites, adhesives, and surfacing films from its locations in the US, Europe, and China.
"This contract enables Boeing to secure material supply for all our strategic programs and brings some certainty to a volatile environment," says Elizabeth Lund, vice president and general manager/commercial airplanes supply chain at Boeing.
As MRC informed earlier, in August, 2020, through the acquisition of the Solvay polyamide (PA) business, BASF enhanced its R&D capabilities in Asia Pacific with new technologies, technical expertise, and upgraded material and part testing services. BASF is planning to integrate the R&D centers from Solvay into its R&D existing facilities in Shanghai, China, and Seoul, Korea. The enhanced capabilities will boost BASF’s position as a solution provider to develop advanced material solutions for key industries.
We remind that BASF-YPC, a 50-50 joint venture of BASF and Sinopec, undertook a planned shutdown at its naphtha cracker on 30 April 2020. The company initially planned to start turnaround at the cracker on April 5, 2020. The plant remained under maintenance unitl 18 June, 2020. Located in Jiangsu, China, the cracker has an ethylene capacity of 750,000 mt/year and propylene capacity of 400,000 mt/year.
Ethylene and propylene are feedstocks for producing PE and PP.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,760,950 tonnes in the first ten months of 2020, up by 3% year on year. Only high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) shipments increased. At the same time, PP shipments to the Russian market reached 978,870 tonnes in January-October 2020 (calculated using the formula: production minus exports plus imports minus producers' inventories as of 1 January, 2020). Supply of exclusively of PP random copolymer increased.