Page 161 - CW E-Magazine (19-3-2024)
P. 161

News from Abroad


       EXPANDED PORTFOLIO
       BASF renames two dispersions plants in China

       to better reflect diverse offerings


          BASF has announced that  it is                                  sonal care  and the  rapidly  growing
       changing the name of two dispersions                               lithium-ion  battery industry in China.
       plants in China, BASF  Paper Chemi-                                “By aligning  the names of the plants
       cals Huizhou and BASF Paper Chemi-                                 with our focus on specialty materials,
       cals  Jiangsu,  to BASF Specialty  Mate-                           we aim  to provide our customers and
       rial Huizhou and BASF Specialty Mate-                              potential  customers with a clearer
       rial  Jiangsu, respectively, to  better                            understanding of the nature of our busi-
       reflect  their  diverse  product  offerings                        ness,” said Mr. Andreas Fechtenkoetter,
       for various industries.                                            Senior Vice President, Dispersions Asia
                                                                          Pacific, BASF.
          BASF  said the decision was
       prompted by inquiries from some cus-                                  BASF currently operates three dis-
       tomers regarding the previous names.  care, and more. Therefore, the original  persions production plants in China
       Mr. Jeff Liu, Business Director, Disper-  names did not fully represent the full  that primarily support customers from
       sions Greater China, BASF, explained,  scope of our capabilities.”  different  Chinese  regions in  industries
       “Besides supplying paper coatings,                                 such as construction, paints, paper,
       these two production plants also supply   BASF’s dispersions business unit  adhesives, and consumer goods.  The
       a wide range of water-based polymer  is a key supplier of dispersions to a  plants in Zhenjiang, Jiangsu commenced
       dispersions to various industries, in-  diverse range of sectors, including  operations in 2002, while the plant in
       cluding construction, paints, personal  construction, paints, adhesives, per-  Huizhou, Guangdong started up in 2012.

       CLOSING THE LOOP
       SK Chemicals, Hyosung Advanced Materials, and

       Hankook Tire develop chemically recycled PET tyre


          SK Chemicals, South Korean conglo-                              Advanced Materials developed the
       merate SK  Group’s  chemical unit,                                 high-strength recycled PET-based tyre
       along with Hyosung Advanced Mate-                                  cords using this as a raw material. The
       rials and Hankook Tire & Technology                                developed tyre cords were applied to
       have developed and commercialised                                  Hankook Tire’s premium electric vehicle
       South Korea’s first tyre using chemically                          tyre brand, ‘iON’. The ‘iON’ tyre, with
       recycled PET.                                                      a 45% sustainable material content, has
                                                                          recently passed the stringent reliability
          The  electric vehicle-exclusive tyre                            verification  by  a  European  automotive
       “iON” is made with circular  recycled                              manufacturer,  securing  final  approval
       PET  (polyester)  fibre  tyre  cords.                              for use and being mounted as tyres for
       Before the commercialisation  phase,                               new vehicles.
       there were instances where chemical
       recycling technology  was  applied to                                 Tyre  cords  are  fibre  reinforcement
       concept tyres or  prototypes, but the                              materials that help maintain the shape
       release of a tyre product to the market   The three firms developed the tyre  of the tyre and withstand the load and
       using  chemically recycled PET-based  over a period of about two years. SK  impact applied during driving, enhancing
       tyre cords through to commercialisation  Chemicals supplied the circular recyc-  the tyre’s durability, driving performance,
       is a first in South Korea.        led  PET “Skypet  CR”, and Hyosung  and ride comfort.

       Chemical Weekly  March 19, 2024                                                                 161


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