Home / Knowledge / News / Textiles / Samsung Total to build a PP compounding facility in China
Samsung Total to build a PP compounding facility in China
22
Apr '08
Total Petrochemicals announces that its joint-venture with Samsung, Samsung Total Petrochemicals, will build a polypropylene compounding facility in Dongguan, which is in the Pearl River area of Guangdong province, in the South of China.

The project supports Samsung Total Petrochemical's strategy to maintain and advance its current leadership position in the higher value-added sector of the polypropylene compounds market. This added capacity will allow the Company to market about 20% of its total polypropylene production in the form of compounds while improving service to the customer through local production. The investment amounts to € 6 million. Completion is forecast for early 2009.

The facility, comprised of three lines, will have a total capacity of 28,000 tons per year. The products will supply the south China market, targeting the Electronics and Household Electrical Appliances sector including refrigerators, dishwashers and air conditioners.

“We all know that the production of polyolefins from China and from the Middle East is forecast to increase dramatically over the next few years.” said Graeme Burnett, Total Petrochemicals Senior Vice President, Asia & Middle East. “It is therefore important to have a strategy for sales in China that is based on being seen as a local supplier as well as being able to differentiate oneself from other suppliers in terms of quality and added value for the customer. We believe that this project not only makes sense from an economic perspective, but also is in line with this strategy”.

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search