Plastics
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4 Sept 2007
Songwon demonstrates its commitment to customer value.
Meet the strengthened team at K 2007
Ulsan, Korea, September 4, 2007 – In September of 2006, Songwon announced a strategic plan that included establishing direct channels to the market, significantly expanding antioxidant capacity, extending the product range, and providing innovation. Over the last year, Songwon has delivered on the first three elements of this strategy. In particular the last step taken to strengthen the regional focus of Songwon has been the establishment of Songwon International-India in August 2007. Songwon is now pleased to announce four new additions to the global team, consistent with the strategic element of driving innovation and customer value.
3 Sept 2007
Rhodia Polyamide South Korea Polymerization Unit Construction on Schedule
Lyon, France – September 3 , 2007 – Rhodia announced today that the construction of its new 48kt Polyamide 6.6 salt and polymerization plant in Onsan, South Korea is on schedule and that plant start-up is set for early December 2007.
• Sale of Borealis’ Norwegian polyolefins business and share in Noretyl gas cracker to Ineos completed
August 31, 2007 – New York, NY – Saudi Basic Industries Corporation (SABIC) today announced the completion of its purchase of GE Plastics from General Electric for a purchase price of US$11.6 billion. The announcement was made by SABIC Chairman, HH Prince Saud bin Abdullah bin Thenayan Al-Saud. 
Stanyl®, a high-performance polyamide 46 (PA46) resin from DSM Engineering Plastics, was chosen for the production of tumble valve bearings for the latest generation of the V6 and V8 engines of a high value german car producer. Tumble valves are an integral part of the manifold, optimizing the air flow in the combustion chamber. It is the first time that such tumble valves have been produced by assembly molding and Stanyl® played an important role in making this possible. 