US company, Kraton Performance Polymers, will soon decide where it will locate its Asian facility for HSBCs (hydrogenated styrenic block copolymers). Expected to start up by 2013, the facility will have a capacity of 30 kilotonnes. Though it planned for…
Category: Investments
Vystar revenues, net loss increase, but EBITDA improves
ATLANTA -Vystar Corp. has posted a 43-percent rise in revenues and its net loss increased to $1.06 million in its first quarter of 2011, although the firm’s EBITDA showed a 6-percent improvement. The company’s sales rose 43 percent to $119,039…
Hose plant in China
JAPAN-based Yokohama Rubber will construct a plant specialising in the production of highpressure hydraulic hoses in Hangzhou Construction is expected to start this year and the plant will start-up with a volume of 400,000 m/month in 2013. Yokohama Rubber is…
ColorMatrix buys LSR specialist
US-based additive, colourant and dosing equipment supplier ColorMatrix has bought Gayson Silicone Dispersions, a dispersion specialist in high consistency rubber (HCR), liquid silicone rubber (LSR) and room temperature vulcanisation (RTV) silicone. It caters to automotive/aerospace parts,airbag coatings, healthcare, cosmetics, household…
Formosa invests in Chinese rubber industry
Taiwan-based Formosa Plastics will invest US$300 million to set up a synthetic rubber plant in Ningbo, Zhejiang province. Construction of the plant will begin this year with production to start in two years. Initially the plant will produce 50,000 tonnes/year…