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P&IP, Sinopec JV for EVA Resins in China

Published on 2007-10-03. Author : SpecialChem

DuPont Packaging & Industrial Polymers (P&IP) have formed a joint venture (JV) with Sinopec, the largest petroleum products producer/distributor in China, to produce ethylene vinyl acetate resins (EVA). The joint venture, called Beijing Hua Mei Polymer Company Limited, will be located at an existing facility of Sinopec Beijing Yanshan Company in Beijing.

Guests from Sinopec, DuPont and government officials at the JV ceremony
Guests from Sinopec, DuPont and government officials at the JV ceremony

The JV combines the manufacturing expertise of Sinopec and the latest EVA technology from P&IP. It will help meet the demand for both generic and unique EVA products in the region. The offerings will serve market segments including packaging, adhesives, printing, wire and cable, footwear and apparel.

"This marks an important milestone in the development of DuPont in China," said Doug Muzyka, president, DuPont, Greater China.

"This is an important step for P&IP as we continue the globalization of our Ethylene Copolymers business. The partnership will help strengthen the position of DuPont in the world's fastest growing EVA market and support our customers as they grow and expand to specialty products for high-value applications," said BC Chong, vice president and general manager, P&IP.

"We are excited to be partnering with such a fine company and we expect to start EVA production in Beijing in late 2008, with about 60 kilotonnes of annual capacity," said Bill Weber, global business director, ECP.

Source: DuPont


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