Sinochem to build polymer additive plant in Thailand

13 March 2020 Shanghai – Sinochem International Corporation, a China-based international fine chemical company listed in Shanghai Stock market, has begun construction of its polymer additives plant in Rojana Industrial Park in Thailand – which is the company’s first overseas polymer additives production base. Opening of the plant will further consolidate Sinochem’s global leading position in the polymer additive industry, it says.

The new plant covers an area of about 64,000 sq m, with a total investment of about RMB290 million, and is expected to be put into operation later this year. Upon completion, it will have a production capacity of 25,000 tonnes/year of rubber antioxidant, which will fill the gap in the production of rubber antioxidant in Southeast Asian countries and provide local supplies to the company’s downstream clients in the region.

The polymer additive business is one of the six major business sectors of Sinochem International, and is operated by its subsidiary Sennics. The sales value of polymer additives accounted for 18% of the new product sales value of the company in 2019.

The future operation of this base will help to improve the company’s ability to supply chemical materials to the overseas market and create more job opportunities for the local economy, said Su Fu, the company’s deputy general manager.