MOSCOW (MRC) -- Sulzer Chemtech Ltd. (Winterthur, Switzerland) has completed the delivery of key polymerization technologies to Denka’s styrenics resin plant in Singapore, according to Chemical Engineering.
This will allow the chemical manufacturer to quickly expand its production capacity. The company is now in a stronger position to promptly address the ever-increasing global market demands for polymers.
Denka’s latest production line features Sulzer Chemtech’s advanced processing equipment to maximize the conversion of melt into high-quality, homogeneous plastic with high throughput, while minimizing any thermal degradation.
Sulzer Chemtech completed the project one month ahead of the agreed delivery date thanks to its global network of engineering specialists that can be mobilized to support urgent process equipment needs. Even more, it was able to do that despite key challenges posed by the pandemic and while ensuring the safety and wellbeing of all teams involved.
As a result, Denka will be able to ramp up production at its facility, ultimately increasing its revenue. Furthermore, the company will be able to achieve these goals without growing its manufacturing footprint or investing considerable capital in the polymerization process.
As MRC reported earlier, in late 2020, Denka Singapore Co Ltd announced that it would discontinue the production of DENKA STYROL GPPS after 22 years in business. The production of the seven rades had been suspended by the end of November 2020. The final sales of these cargoes took place by the end of December 2020. Denka cited the cease of general purpose polystyrene (GPPS) production in order to optimize the overall operation of the plastic business.
Denka Singapore Co Ltd is one of the major polystyrene (PS) producers in the Southeast Asia region with an annual capacity of 200,000 tons of GPPS.
According to MRC's ScanPlast report, Russia's estimated consumption of polystyrene (PS) and styrene plastics totalled 187,320 tonnes in the first four months of 2021, up by 20% year on year. April estimated consumption of PS and styrene plastics in the country was 49,370 tonnes, up by 35% year on year (36,620 tonnes a year earlier).