Purchase
3M Co. purchased K&H Surface Technologies Pty. Ltd. for an undisclosed sum. K&H is an Australian chemical manufacturer that makes body fillers, mold release agents and other products used in professional and do-it-yourself automotive refinishing as well as the hardware and construction markets.
New plant
Rohm & Haas opened its new high-technology plant in Queretaro, Mexico. The plant will produce emulsion polymers and polyacrylates. The company expects growth between 10 and 15% in the region.
Production addition
Shell Chemicals Europe BV opened an enhanced flexible polyols production unit at the company’s manufacturing complex in Pernix, The Netherlands. As a result, the flexible polyol capability has increased from 155 kilotons/year to 225 kilotons/year. The new capacity will help to meet increased global demand for polyols in slabstock foam, CASE (coatings, adhesives, sealants and elastomers) and molding applications.
Cooperation
Saudi Basic Industries Corporation (SABIC) and China Petroleum and Chemical Corporation (Sinopec) plan to expand their cooperation in an ethylene derivatives complex in Tianjin, China. SABIC is thinking of raising its investment in the project to $4 billion instead of the $1.7 billion initially agreed on last January.
Joint venture
Pliant Corporation and Nova Roll intend to form a joint venture to produce world-class film and packaging solutions. The business will be headquartered in Moscow, Russia and will produce PVC film, machine-grade stretch film, hand-wrap stretch film, printed-shrink bundling film, food sealant film and barrier film.