12 November 2013
Details
Prevously, Sekisui Chemical has decided to
establish a CPVC resin
manufacturing joint venture company
in Thailand with the Lubrizol Corporation.
A compound production plant will be established
within the same industrial park as
the CPVC resin plant to take over part of
the CPVC resin manufatured at the resin plant,
and to manufacture CPVC compounds.
Sekisui Chemical aims to expand
its share in the region by
acquiring expanded demand throuout
South Asia, ASEAN and the Middle East
through the establishement of
this new CPVC resin and compound production base
in Thailand.
About CPVC
is a special type of polyvinyl chloride (PVC)
with added chloride, and is mainly used
as a raw material in pipes for
* supplying hot water, industry, and sprinklers, etc.,
which requires heat resistance.
Market Environment for CPVC, In recent years,
the switch from metal to CPVC in pipes
used in the building such as homes and factories, etc.,
In the emerging countries of South Asia including India,
and the Middle East has been progressing.
In parallel, construction demand concomitant with
economic growth is also booming.
Demand for CPVC is growing every year,
and solid expansion is also expected in the future.
About CPVC compound
is a substance made of
CPVC mixed with additives necessary for
the molding process of pipe etc.
About Sekisui Chemical's CPVC resin and compound business
Sekisui Chemical Strengthened
its CPVC resin production capacity at a group company,
TOKUYAMA SEKISUI CO., LTD. in July this year
to cope with expanding global demand concentrated in Asia.
(Production capacity increased from
33,000 metric tons to 40,000 metric tons per year)
In adition, Tokuyama Sekisui is advancing
research into compound design technology, and
striving to improve CPVC quality and to
reinforce competitiveness.
Further, it was agreed with Lubrizol to establish
a CPVC resin manufacturing joint venture company
in Thailand, and to promote the preparations for
the current establishment, and this joint venture company
manufactures CPVC resin based on
Sekisui Chemical's unique
thermal chlorination technology.
This aim is to achieve
high quality and cost competitiveness by
establishing a new compound production plant
in Thailand in the same industrial park as
the CPVC resin joint venture company,
and to implement consistent production
from CPVC resin to compounds.
Further, a sales base will be established in Bangkok,
In this way, it is planned to expand its share of
CPVC market in Asia and the Middle East.
Overview of CPVC Compound Production and Sales company
(Planned)
Company Name :
Sekisui Specialty Chemical (Thailand) Co., Ltd.
Date of Establishement : January 2014
Capital : 480 million Thai Baht
Shareholders : 90 % Sekisui Chemical
10 % Tokuyama Sekisui
Business : Production and Sales of
CPVC compounds
Capacity : 24,000 tonnes per year
Production : Start in January 2015
Location (Plant) : Hemraj Eastern Industrial Estate,
Map Ta Phut, Rayong, Thailand
Location (Head Office) : Bangkok, Thailand
Sekisui Chemical's prospective
CPVC resin and compound production base and cacity
1. Japan
Tokuyama Sekisui Co., Ltd.
Product : CPVC resin
Capacity : 40,000 tonnes per year
Status : Expansion complete in July 2013
2. Thailand
2.1 Joint Venture Company with the Lubrizol Corporation
Product : CPVC resin
Capacity : 30,000 tonnes per year
Status : * At scheduled start of operation
in January 2015 and
* scheduled to increase
to 40,000 tonnes per year
in the first half of 2016
2.2 Sekisui Specialty Chemical (Thailand)
Product : CPVC Compound
Capacity : 24,000 tonnes per year
Status : At scheduled start of operation
in January 2015
WWW.CHEMWINFO.COM BY KHUN PHICHAI
