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Chemical Week Magazine :: New Construction Projects
Teijin and SK Chemicals form polyphenylene sulfide JV in Korea
8:49 AM MST | March 1, 2013
Teijin says that its Teijin Chemicals subsidiary has agreed with SK Chemicals (Songnam, South Korea) on a collaboration including the establishment of a joint venture to develop, produce, and distribute polyphenylene sulfide (PPS) resins and compounds. The jv, in which SK Chemicals will hold a 66% stake and Teijin Chemicals will hold the remaining 34%, will construct a PPS resin plant at SK Chemicals’ Ulsan, South Korea site. The plant will begin operations with a capacity of 12,000 m.t./year in the fiscal year starting 1 April 2015. Capacity will...
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