Leading styrenic block copolymer (SBC) supplier Kraton Performance Polymers, Inc. (Houston, TX) is engaged in the formation of a 50/50 joint venture with Formosa Petrochemical Corporation (Taipei, Taiwan) to construct and operate a 30,000-tonnes/year hydrogenated styrenic block copolymer (HSBC) plant in Mailiao, Taiwan.
The plant will employ state-of-the-art technology and support global demand for Kraton's differentiated HSBCs. It will also provide significant, additional supply capability, and will set a new global standard for efficiency and product quality for HSBCs according to Kraton. Plant operation is expected in the first half of 2014.
To further support Kraton's customers and the expansions listed above, the company recently opened a new innovation center in Shanghai, China. The facility is three times larger than the previous facility and better accommodates its technical staff, which has doubled over the past eighteen months. The new, state-of-the-art laboratory builds upon Kraton's capabilities including wet chemistry, flame testing and rubber processing. These advances will enhance Kraton's ability to serve existing and new customers in all segments of SBCs....