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Wednesday 20 June 2018

Kuraray, PTTGC, Sumitomo to establish butadiene derivatives JV

Kuraray Co Ltd, PTT Global Chemical Public Company Ltd (PTTGC) and Sumitomo Corporation have reached a decision on the establishment of a joint venture company in Thailand for butadiene derivatives.
With Hemaraj Eastern Industrial Estate, Rayong in Thailand, as the candidate of the production site, the company-Kuraray GC Advanced Materials Co Ltd-is scheduled to manufacture and sell high heat resistant polyamide-9T (PA9T) and hydrogenated styrenic block copolymers (HSBC).
Kuraray also plans to solely carry out production of 5KTA 3-methyl-1.5-pentanediol (MPD) at a production facility to be built on the same premises as the production facility for the aforementioned butadiene derivatives. Kuraray will establish a wholly-owned subsidiary for the manufacturing and sale of the MPD.

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