02/09/2014

www.gupta-verlag.de/rubber

Versalis establishes new synthetic rubber JVs in Malaysia and South Korea

The joint venture agreement, for an initial period of 30 years, was signed in November 2013. Using Versalis' technology licence and technical know-how, the JV will build four separate synthetic rubber plants in Petronas' Refinery and Petrochemical Integrated Development (RAPID) complex.Details on the proposed types of rubber were not disclosed.
In addition, Versalis and the South Korean company Lotte Chemical have established an equally-owned joint venture for the production of S-SBR and EPDM, called Lotte Versalis Elastomers Co. The joint venture will have a facility at Lotte's complex in Yeosu, South Korea, that can produce 200,000 t/y of S-SBR and EPDM, using Versalis' technology.Construction start is planned for early 2014, the commissioning is scheduled for 2016.

www.gupta-verlag.de/rubber