10 June 2013
Details
Asahi Kasei Chemicals and
Dupont China Holding Co., Ltd. (Dupont)
have agreed to a share transfer under which
the Asahi Kasei Group will obtain the full ownership in
Asahi-Dupont POM (Zhangjiagang) Co., Ltd., (ADZ)
a joint venture between two partners for
the production and sale of polyacetal copolymer in China.
When the ownership transfer is complete,
the operation of ADZ will be integrated with
the performance plastics business of
Asahi Kasei Chemicals.
Profile of Asahi-Dupont POM (Zhangjiagang) Co., Ltd.
Shareholders before share transfer
50 % Asahi Kasei Chemicals
50 % Dupont
Shareholders after share transfer
50 % Asahi Kasei Chemicals
50 % Asahi Kasei (China)
Location Zhangjiagang, Jiangsu, China
Product Polyacetal Copolymer
Capacity 20,000 tons per year
Benefit
- In China and other regions of Asia,
demand growth for polyacetal is forecasted in
automotive applications.
- The share transfer will reinforce the position of
Asahi Kasei Chemicals as
the World's only producer of both
homopolymer and copolymer polyacetal,
enhacing its production and marketing capabilities
for differentiated grade to further expand business in
China and other Asian countries.
About Polyacetal
- Polyacetal (POM) is a crytalline engineering resin featuring
wear resistance, toughness and chemical resistance.
- Polyacetal (POM) is used for parts and components in
automotive, electronic, electrical and industrial applications.
- There are two types of polyacetal
1.Homopolymer, with high rigidity, strength and fatigue resistance
2.Copolymer, with high tensile modulus and thermal stability
WWW.CHEMWINFO.COM BY KHUN PHICHAI
