Guangzhou—The two plastics and chemicals suppliers, already joint venture partners in plants in China for polyethylene and polypropylene, announced yesterday at the Chinaplas trade show that they would build a new 260,000 tonne/yr polycarbonate plant, online in 2015.
The joint venture will produce Lexan-brand polycarbonate (PC): Lexan is the brand name under which Sabic Innovative Plastics, the former GE Plastics, markets its PC. "We're very bullish on the Chinese market," confirmed Charlie Crew, president and CEO of Sabic IP, in a meeting with PlasticsToday at the Chinaplas show.
Crew and Peter Chan, president of Greater China for Sabic IP, added that their company is eyeing sites in Northern and Western China to build new polypropylene compounding facilities to serve the country's automotive market, which last year produced some 18 million vehicles. Last year the company started a giant PP compounding facility in Belgium, and it has capacity in the U.S. too; adding one in China would give it capacity in the three major automotive manufacturing regions....