Sinochem International’s Lightweight Materials Business Unit plans to start up a 24,000 tonnes/year in Yangzhou (Yizheng) Chemical Industrial Park in China’s Jiangsu Province. Production is scheduled to start by the end of 2021.
In the first phase, several specialty products from Elix Polymers’ product portfolio will be produced. The product portfolio will include specialty ABS grades, high heat ABS, ABS/PC and PC/ABS blends which can be customized in several colors and with special additives. In a second phase, the capacity will be increased to 56,000 tons/year with the production of other polymer compounds.
Elix Polymers was acquired by Sinochem in January 2019 and integrated with its lightweight materials business unit. The latest initiative will support global collaboration with OEMs and its key customers in several continents. In particular, for the automotive industry it is very important to have locally produced materials for the Asia-Pacific markets with the same quality standards to allow them to be used for global automobile platforms and increase the required local content. This is an important step for Elix Polymers to be considered as a true global player in the market. In 2015, Elix Polymers established a legal entity in the U.S. and with the China investment it will now cover the three main regions for ABS polymers: Europe, America and China.
Sinochem International’s product portfolio encompasses ABS, PC, PA, ASA, PP, PMMA, PBT, PPA and other engineering plastics.