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News Release from: DSM Somos
Edited by the Manufacturingtalk Editorial
Team on 19 September 2006
DSM to invest in Chinese polymer plant
Expected to come on stream in 2008, a Royal DSM polymer plant at its Jiangyin site, Jiangsu province, China, will produce high viscosity grades of Akulon polyamide 6.
Royal DSM has announced that it has decided to invest in a new facility at its Jiangyin site, Jiangsu province, to produce high viscosity grades of Akulon polyamide 6 (PA6) The new plant is expected to come on stream in Q2 2008
This article was originally published on Manufacturingtalk on 13 Apr 2004 at 8.00am (UK)
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The major proportion of the production is targeted at packaging film production companies in Asia-Pacific.
The investment will amount to several tens of millions of USD.
"Increased presence in emerging economies is a key platform of Vision 2010," said Jos Goessens, president of DSM Engineering Plastics.
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"China, of course, represents an almost unimaginably large market opportunity, thanks to the country's vast population and increasing standard of living.
This is especially true in areas such as food packaging - an area where our products bring high value.
Together with our recent China investments in a new compounding facility and a development center, the new polymer plant will give DSM a major depth of operations in China and Asia." The new plant will be built on DSM Engineering Plastics site in Jiangyin where DSM is operating a compounding plant that was opened in April this year.
The new plant will draw its caprolactam feedstock from the DSM Nanjing Chemical Company, a joint venture of DSM and Sinopec that produces caprolactam in Nanjing.
The new polymer facility will make DSM unique in producing the full PA6 chain, raw materials, polymer and compounded product in China.
The new plant will use 'leading edge' technology and is equipped with 'best-in-class' safety, health and environment compliance systems.
In addition to meeting the growing local demand of the Chinese market, the new plant will also serve as a prime sourcing base for the entire Asia Pacific region.
The facility design allows for additional capacity expansion to accommodate further growth in demand in the future.
In addition to the production plants, DSM's Asia Pacific Regional Development Service Center operates from the same Jiangyin site, bringing local availability of development, applications, and technical expertise to customers, like DSM is doing in other parts of the world.
* About DSM Engineering Plastics - DSM Engineering Plastics is a business group forming part of DSM's Performance Materials cluster.
DSM Engineering Plastics is a global supplier of Stanyl PA 46 and Akulon 6 and 66 polyamides, Arnitel TPE-E, Arnite PBT and PET polyesters, Xantar polycarbonate, Yparex extrudable adhesive resins, and Stamylan UH Ultra High Molecular Weight PE.
These materials are used in technical components for electrical appliances, electronic equipment and cars, in barrier packaging films as well as in many mechanical and extrusion applications.
The business group had annual sales of EUR 705 million in 2005.
It employs 1400 people worldwide and has eight production locations in Europe, USA and Asia.
With Stanyl, it is the global market leader in high heat polyamides.
* About DSM - DSM is active worldwide in nutritional and pharma ingredients, performance materials and industrial chemicals.
The company creates innovative products and services that help improve the quality of life.
DSM's products are used in a wide range of end markets and applications such as human and animal nutrition and health, cosmetics, pharmaceuticals, automotive and transport, coatings, housing and electrics and electronics (EandE).
DSM's strategy, named Vision 2010 - Building on Strengths, focuses on accelerating profitable and innovative growth of the company's specialties portfolio.
Market-driven growth, innovation and increased presence in emerging economies are key drivers of this strategy.
The group has annual sales of over EUR 8 billion and employs some 22,000 people worldwide.
DSM ranks among the global leaders in many of its fields.
The company is headquartered in the Netherlands, with locations in Europe, Asia, Africa and the Americas. Request free introductory details about products from DSM Somos ...
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