Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Rubber Division IEC
    • ITEC
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • War in Ukraine
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • 2022 Hose & Belt Manufacturers Conference
    • 2022 International Silicone Conference
    • 2022 International Tire Exhibition & Conference (ITEC)
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
June 20, 2018 02:00 AM

Kuraray establishes JV for butadiene derivatives

European Rubber Journal Report
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    TOKYO—Kuraray Co. Ltd. has entered a joint venture agreement with Thai petrochemical company PTT Global and Sumitmo Corp. to produce butadiene derivatives in Thailand.

    The newly formed company, Kuraray GC Advanced Materials Co. Ltd., will produce heat-resistant polyamide (PA9T) and hydrogenated styrenic block copolymer (HSBC) products at a plant in Rayong, Thailand. The Map Ta Phut complex in the Hemaraj Eastern Industrial Estate in Rayong has been identified as a candidate production site.

    The JV will be headquartered in Bangkok.

    Kuraray will hold 53.3 percent of the shares in the JV, while PTTG and Sumitomo will own 33.4 percent o13.3 percent, respectively.

    The decision to move forward with the JV builds on an agreement signed in September 2016 to conduct a front-end engineering design (FEED) study for the project.

    According to previous announcements, the JV annually will produce 13,000 metric tons of PA9T and 16,000 tons of HSBC.

    Solely, Kuraray also will carry out production of 3-methyl-1,5-pentanediol (MPD), one of the company's isobutene derivatives, on the same premises.

    The company will establish a wholly-owned subsidiary, Kuraray Advanced Chemicals (Thailand), for the MPD plant, which previously has been announced to have a capacity of 5,000 tons per year.

    PTTGC will supply butadiene and isobutene as key raw materials for the new plant.

    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Auto suppliers changing how, where they make parts in EV era
    2
    Stellantis ranked lowest in supplier relations study
    3
    Yokohama to raise prices on car, truck tires in U.S.
    4
    Myers Industries CFO stepping down
    5
    U.S. tire market continues to attract new players
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Plastics News China
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • News
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Rubber Division IEC
      • ITEC
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • War in Ukraine
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • 2022 Hose & Belt Manufacturers Conference
        • 2022 International Silicone Conference
        • 2022 International Tire Exhibition & Conference (ITEC)
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
    • Advertise
    • DIGITAL EDITION