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10.03.2023

Indorama Ventures: FY22 financial performance

Indorama Ventures Public Company Limited (IVL) reported a record FY22 financial performance from the company’s global manufacturing footprint serving end-consumers’ resilient need for daily necessities. The unusually high level of customer destocking that weighed on the fourth quarter result is expected to have leveled out and business should return to normal operating conditions, with China’s reopening to further spur demand.

Indorama Ventures Public Company Limited (IVL) reported a record FY22 financial performance from the company’s global manufacturing footprint serving end-consumers’ resilient need for daily necessities. The unusually high level of customer destocking that weighed on the fourth quarter result is expected to have leveled out and business should return to normal operating conditions, with China’s reopening to further spur demand.

Full-year Core EBITDA climbed 31% YoY to $2.3 billion as revenue rose 28% to a record $18.8 billion. The company recorded strong cash flows of $2.2 billion, up 111% YoY. Indorama Ventures’ geographically diversified, integrated platform, backed by management’s agility, withstood unprecedented global events to generate earnings through the business cycle. During the year, the company continued to focus on its growth plan, successfully integrating its strategic surfactants business in Latin America and Vietnamese packaging acquisition. A dedicated senior team is working tirelessly and is committed to the company’s ‘Vision 2030’ sustainability goals including recycling technologies and introducing biomass feedstock to the company’s product portfolio. The ongoing ‘Project Olympus’ cost transformation program delivered an annual run rate of $449 million in efficiencies.

The annual result was impacted by an unusually challenging final quarter as fears of a recession and reduced transit times led to widespread destocking by customers. 4Q22 Core EBITDA declined 43% YoY to $264 million on a 1% drop in revenue to $3.9 billion. The pandemic lockdown in China also continued into the final quarter, reducing factory demand across Indorama Ventures’ portfolio and resulting in narrower margins from lower prices and higher costs. Higher energy and utility costs impacted European operations as the war in Ukraine continued into the winter.

To improve competitiveness and build resilience, Indorama Ventures rationalized underperforming assets in the Fibers business in Europe and a PTA site in Asia, resulting in a $7 million cash impairment in 4Q22 and a $253 million non-cash impact. As a result, the company looks forward to a $38 million uplift in EBITDA in 2023, reaching up to $65 million by 2025.

Source:

Indorama Ventures Public Company Limited

10.11.2022

Indorama Ventures: Resilient YTD earnings in 3Q22

  • Last twelve months (LTM) Core EBITDA of US$2.5B, an increase of 60% YoY
  • Core EBITDA per ton of US$163 in LTM3Q22 and US$159 in 3Q22
  • Operating cash flow of US$1,952 in LTM3Q22, an increase of 59% YoY
  • 3Q22 Core Net Profit of THB 10.34B and Reported Net Profit of THB 8.14B

Indorama Ventures Public Company Limited (IVL) reported a resilient year-to-date performance and increasing earnings in a challenging macroeconomic environment.

IVL posted Core EBITDA of US$606 million in 3Q22, a 39% increase YoY and a decline of 20% QoQ as the strong tailwinds that drove record earnings into 2022 began to normalize in the third quarter.  

  • Last twelve months (LTM) Core EBITDA of US$2.5B, an increase of 60% YoY
  • Core EBITDA per ton of US$163 in LTM3Q22 and US$159 in 3Q22
  • Operating cash flow of US$1,952 in LTM3Q22, an increase of 59% YoY
  • 3Q22 Core Net Profit of THB 10.34B and Reported Net Profit of THB 8.14B

Indorama Ventures Public Company Limited (IVL) reported a resilient year-to-date performance and increasing earnings in a challenging macroeconomic environment.

IVL posted Core EBITDA of US$606 million in 3Q22, a 39% increase YoY and a decline of 20% QoQ as the strong tailwinds that drove record earnings into 2022 began to normalize in the third quarter.  

Strategic acquisitions, including Oxiteno, are bolstering IVL’s increasingly diverse geographic footprint and product portfolio, supporting earnings through volatile economic conditions. Revenue declined 10% QoQ in 3Q and grew 27% YoY as Combined PET, the largest business segment, saw steady volumes through the year, and new portfolio additions performed strongly, such as surfactants in the Integrated Oxides and Derivatives segment. With more than 70% of IVL’s platform catering to consumer daily necessities, demand remains stable.

Fibers segment posted YTD Core EBITDA of $189 million, a rise of 2% YoY. 3Q Core EBITDA increased 2% YoY, and decreased of 11% QoQ, to US$49 million. The Lifestyle fibers business continues to be impacted by the lockdown in China, while management in the Hygiene and Mobility verticals in Europe are effectively managing high energy costs.

Combined PET (CPET) segment achieved YTD Core EBITDA of US$1,192 million, an increase of 42% YoY. Core EBITDA in 3Q22 rose 27% YoY to US$327 million, and declined 24% QoQ, as business remained steady across operations apart from in Europe where peak energy prices continue to put pressure on demand and margins.

D K Agarwal, CEO of Indorama Ventures, said, “We are pleased with our performance across the business cycle. Our management is working hard to extract the advantages that we enjoy in terms of geographic leadership, product diversity, and an unmatched customer base of global household brands. Together with our habitual lens on cost management, these actions will help us to weather the economic challenges and continue to focus on our long-term potential.”

Source:

Indorama Ventures Public Company Limited 

Indorama Ventures completes acquisition of Brazil-based Oxiteno, extending growth profile into attractive surfactant markets (c) Indorama Ventures Public Company Limited
(from left) Alastair Port, João Parolin
06.04.2022

Indorama Ventures now in Brasil

  • Indorama Ventures completes acquisition of Brazil-based Oxiteno, extending growth profile into attractive surfactant markets

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, today completed its acquisition of 100% of Brazil-based Oxiteno S.A. Indústria e Comércio, becoming a leading global supplier in high-value surfactant markets.

The acquisition of Oxiteno, formerly a subsidiary of Ultrapar Participações S.A., was announced in August 2021 and is effective from 1 April 2022 after the transaction was approved by Brazil’s Administrative Council for Economic Defense (CADE). Through the acquisition, IVL extends its growth profile into highly attractive markets in Latin America and the U.S., becoming the leading surfactants producer in the Americas, with additional potential to expand in Europe and Asia.

  • Indorama Ventures completes acquisition of Brazil-based Oxiteno, extending growth profile into attractive surfactant markets

Indorama Ventures Public Company Limited (IVL), a global sustainable chemical company, today completed its acquisition of 100% of Brazil-based Oxiteno S.A. Indústria e Comércio, becoming a leading global supplier in high-value surfactant markets.

The acquisition of Oxiteno, formerly a subsidiary of Ultrapar Participações S.A., was announced in August 2021 and is effective from 1 April 2022 after the transaction was approved by Brazil’s Administrative Council for Economic Defense (CADE). Through the acquisition, IVL extends its growth profile into highly attractive markets in Latin America and the U.S., becoming the leading surfactants producer in the Americas, with additional potential to expand in Europe and Asia.

Oxiteno becomes part of IVL’s Integrated Oxides and Derivatives (IOD) business segment, which IVL formed in 2020 with the purchase of assets from U.S.-based Huntsman (Spindletop transaction). IOD is a high-margin growth driver alongside IVL’s traditional Combined PET (CPET) necessities segment and its Fibers segment. Together, IVL’s three segments create a stronger and more resilient integrated platform along the company’s petrochemicals value chain.

The Oxiteno acquisition includes 11 manufacturing plants in Latin America and the U.S., 5 R&D centers, an experienced management team, a strong environmental governance record, and expertise in green chemistry innovation. Through Oxiteno, IOD assumes a leading position in technologies catering to innovation-led, high-value-add (HVA) surfactant solutions in attractive home & personal care, crop solutions, and coating & resources markets. This diversity increases IOD’s earnings stability and resilience. The surfactants market has seen consistent growth over the last decade, driven by trends in population growth, urbanization and increasing hygiene awareness amid the global pandemic.

(c) Avgol
15.11.2021

Avgol at Hygienix™ 2021 with biotransformation technology in nonwovens

Avgol, an Indorama Ventures company and manufacturer of high-performance nonwoven fabric solutions, will be showcasing its latest work in biotransformation technology for polyolefin fibers and nonwoven fabrics at this year’s Hygienix™ event.

Nick Carter, Vice President, Nonwovens Marketing at Avgol, will be a guest speaker at the event, giving a presentation alongside Dr. DeeAnn Nelson, R&D and Innovation Manager with Avgol in North America, on ‘Biotransformation Technology in Polyolefin Fibers and Nonwoven Fabrics, Focus on Fugitive Used Articles’. “Today, the word “sustainability” does not have a unified meaning in the industries we serve,” said Nick. “Perform a regional analysis on any given customer or consumer, delve into a legislative body or advocacy group’s positioning and you will find each are likely to use the word ‘sustainable’ with varying interpretations, implementations, and implications.

The Avgol presentation, part of the Product & Process Innovation in AHPs series, will take place at 2pm on Tuesday, November 16.

Avgol, an Indorama Ventures company and manufacturer of high-performance nonwoven fabric solutions, will be showcasing its latest work in biotransformation technology for polyolefin fibers and nonwoven fabrics at this year’s Hygienix™ event.

Nick Carter, Vice President, Nonwovens Marketing at Avgol, will be a guest speaker at the event, giving a presentation alongside Dr. DeeAnn Nelson, R&D and Innovation Manager with Avgol in North America, on ‘Biotransformation Technology in Polyolefin Fibers and Nonwoven Fabrics, Focus on Fugitive Used Articles’. “Today, the word “sustainability” does not have a unified meaning in the industries we serve,” said Nick. “Perform a regional analysis on any given customer or consumer, delve into a legislative body or advocacy group’s positioning and you will find each are likely to use the word ‘sustainable’ with varying interpretations, implementations, and implications.

The Avgol presentation, part of the Product & Process Innovation in AHPs series, will take place at 2pm on Tuesday, November 16.

From their base at the tabletop event, Nick and the Avgol team will be discussing the global challenge of eliminating incineration, chemical treatment, landfill, dumping and, in particular, fugitive material pollution from non-woven products.

“Following our recent success at Index 20, we will be sharing insight to our research and development strategy with Hygienix attendees, addressing the degradation performance of our products and the path forward for the industry in terms of the use of new bio-colorants, biosurfactants and new technologies. Of course, we will also be demonstrating our latest Forward Innovative Thinking (FITTM) range of hygiene materials too, including natureFITTM”, says Nick Carter.

natureFIT™ is the newest innovation in the Avgol™ technology platform, designed to imbue nonwoven fabrics with additional qualities and benefits that anticipate the shifting demands of the consumer-led retail space. The suite of fabric solutions is focused on replacing elements of spun melt fabric design, where possible, with natural alternatives. The advanced technology affords product designers a significant reduction in polymer consumption to reduce environmental impact while simultaneously enhancing softness and conformability.

Hygienix™ runs from 15 – 18 November 2021 at the Westin Kierland Resort in Scottsdale, Arizona, USA.

More information:
Avgol Hygienix™ 2021 nonwovens
Source:

Avgol / PHD Marketing Ltd

(c) Indorama Ventures Public Company Limited
16.08.2021

Indorama Ventures acquires Brazil-based Oxiteno

  • Goal: Creating a unique portfolio in high-value surfactants

Indorama Ventures Public Company Limited (IVL), a global chemicals producer, today announced it agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business.

IVL will purchase Oxiteno for US$1.3 billion (subject to adjustments at closing), with a deferred payment of $150 million in 2024. The transaction is subject to customary conditions to closing, including approval of relevant regulatory authorities. The transaction is expected to close in Q1 2022 and will be earnings accretive immediately. Financing is secured through deferred payment, using existing extra cash on our balance sheet, free cash flow generated from existing businesses, short term loans against working capital and the balance as long-term debt.

  • Goal: Creating a unique portfolio in high-value surfactants

Indorama Ventures Public Company Limited (IVL), a global chemicals producer, today announced it agreed to acquire Brazil-based Oxiteno S.A. Indústria e Comércio, a subsidiary of Ultrapar Participações S.A. The acquisition gives IVL a unique portfolio in high-value surfactants and significantly extends its existing Integrated Oxides and Derivatives (IOD) business.

IVL will purchase Oxiteno for US$1.3 billion (subject to adjustments at closing), with a deferred payment of $150 million in 2024. The transaction is subject to customary conditions to closing, including approval of relevant regulatory authorities. The transaction is expected to close in Q1 2022 and will be earnings accretive immediately. Financing is secured through deferred payment, using existing extra cash on our balance sheet, free cash flow generated from existing businesses, short term loans against working capital and the balance as long-term debt.

Oxiteno is a leading integrated surfactants producer, catering to highly attractive end-use markets in LATAM. The acquisition brings an excellent management team, world-class expertise in green chemistry innovation, strong customer relationships in Brazil, Uruguay and Mexico, and substantial growth potential in attractive end markets, including the U.S. through a new facility in Pasadena, Texas. Oxiteno has a strong commitment to environmental governance, and its focus on lowering greenhouse gas emissions will also enhance IVL’s ESG credentials.

Source:

Indorama Ventures Public Company Limited

Archroma: Whiteness Solutions for Laundry and Detergents in the U.S. (c) Archroma
20.05.2021

Archroma: Whiteness Solutions for Laundry and Detergents in the U.S.

Archroma announces a successful first year on the U.S. home care market with its whiteness solutions for laundry and detergents.

Archroma acquired in December 2019 the BASF's stilbene-based optical brightening agents (OBA) business for liquid and powder laundry detergent applications. The acquisition included the OBA technology, portfolio and manufacturing unit at Ankleshwar, India.

Since then, Archroma has mobilized its global experts, technologies and know-how, to design a holistic solutions portfolio for household, industrial & institutional cleaning (HI&I) aimed to support detergent manufacturers.

The portfolio now includes solutions for whiteness, coloration, stain removal, fabric softening, as well as sequestering agents and surfactants, which can be used in applications such as multipurpose cleaning powders, detergent powders, dish wash tablets and liquids, laundry liquids and fabric softeners, and hard surface cleaners.

Archroma announces a successful first year on the U.S. home care market with its whiteness solutions for laundry and detergents.

Archroma acquired in December 2019 the BASF's stilbene-based optical brightening agents (OBA) business for liquid and powder laundry detergent applications. The acquisition included the OBA technology, portfolio and manufacturing unit at Ankleshwar, India.

Since then, Archroma has mobilized its global experts, technologies and know-how, to design a holistic solutions portfolio for household, industrial & institutional cleaning (HI&I) aimed to support detergent manufacturers.

The portfolio now includes solutions for whiteness, coloration, stain removal, fabric softening, as well as sequestering agents and surfactants, which can be used in applications such as multipurpose cleaning powders, detergent powders, dish wash tablets and liquids, laundry liquids and fabric softeners, and hard surface cleaners.

Archroma used its experience working with manufacturers and brands in the textile industry to enter the US detergent markets for the very first time, and has been able to gain a significant position with most key laundry detergent manufacturers with its solutions for whiteness.

In particular, the company reports special interest from U.S. detergent brands and manufacturers for its Leucophor® 5BMGX, as this optical brightener allows them to achieve high levels of whiteness with a blueish undertone. The product is also highly soluble in water and stable in oxidative environment.

Source:

EMG

Sustainable leadership for GtA with new Monforts Montex wide width lines (c) AWOL Media
GtA Managing Director Andreas Niess
27.07.2020

Sustainable leadership for GtA with new Monforts Montex wide width lines

Following the successful commissioning of two new Monforts Montex wide-width stenter lines and additional environmental management equipment at its plant in Germany, GtA – Society for Textile Equipment GmbH – is aiming to be the first textile finishing company to become entirely CO2-neutral in the manufacture of all of its products by 2025.

GtA is a partner company to Germany’s large-format digital printing fabric leader, Georg and Otto Friedrich GmbH, which has has this year been able to considerably expand its portfolio due to the new Monforts lines.

Headquartered in Gross-Zimmern, close to Frankfurt, Georg and Otto Friedrich GmbH and its partners in Germany have an annual production of 37 million square metres of warp knits for a range of end-use applications, including garments, automotive interiors and technical textiles, but increasingly with a concentration on digital printing substrates.

Fault-free textiles

Following the successful commissioning of two new Monforts Montex wide-width stenter lines and additional environmental management equipment at its plant in Germany, GtA – Society for Textile Equipment GmbH – is aiming to be the first textile finishing company to become entirely CO2-neutral in the manufacture of all of its products by 2025.

GtA is a partner company to Germany’s large-format digital printing fabric leader, Georg and Otto Friedrich GmbH, which has has this year been able to considerably expand its portfolio due to the new Monforts lines.

Headquartered in Gross-Zimmern, close to Frankfurt, Georg and Otto Friedrich GmbH and its partners in Germany have an annual production of 37 million square metres of warp knits for a range of end-use applications, including garments, automotive interiors and technical textiles, but increasingly with a concentration on digital printing substrates.

Fault-free textiles

A new standard in pure white, 100% clean and fault-free textile substrates has been demanded by this market in recent years due to the rapid growth in digitally-printed banners and billboards – often referred to as ‘soft signage’.

The substrates of choice for digital printing are 100% polyester warp knits which are resilient and allow excellent take-up of inks, and vibrant colours and clear and precise images to be achieved with digital printing techniques. The knitted construction also has the advantage of elasticity, which is a plus in terms of flexibility for installers.

Critically, the warp knitted fabrics have extremely smooth surfaces which is becoming increasingly important due to the general move away from PVC coatings which were the standard in the past.

It was to finish these fabrics for Georg and Otto Friedrich GmbH as well as providing such services for many other customers, that the GtA plant in Neresheim, Baden-Württemberg, was established in 2015.

The purpose-built plant on a greenfield site was initially equipped with a fully-automated, 72 metre long Monforts installation comprising a washing machine integrated with a 3.6 metre wide, seven-chamber Montex stenter. The line quickly went from single to double shift production and then to 24/7 operation  to meet demand.

Expanded widths

Building on the success of this installation, GtA has now installed two more Montex stenter lines – both in expanded working widths of 5.6 metres and purpose-built at Montex GmbH in Austria.

A six-chamber Montex unit is combined with a washing machine to guarantee the purity of the substrates, while a five-chamber line is integrated with a wide-width coating machine. This new coating capability at GtA has led to a number of new additions to the Georg and Otto Friedrich DecoTex range for digital printing, including wide width fabrics with flame retardant, antimicrobial and non-slip finishes.

The new Montex stenter lines benefit from all of the latest innovations from Monforts, including the Smart Sensor system for the optimised maintenance planning of key mechanical wear components on the stenters. A comprehensive overview of the condition of all parts at any time is now available for operators within the highly intuitive Qualitex visualization software.

With Qualitex, all article-specific settings can be stored and the formulations for thousands of treatment processes called up again at any time. Individual operators can also personalise their dashboards with the most important machine functions and process parameters.

Environmental commitment

GtA is run by a seasoned team of textile professionals led by Managing Director Andreas Niess.

“We have received excellent service from Monforts from the outset and we were happy to place the order for these two new lines as part of our ongoing cooperation,” he says. “With all of the latest Monforts advances in technology we are fully in control of all production and quality parameters with these lines, as part of our significant commitment to innovative environmental technology.”

The GtA plant, which operates in near-cleanroom conditions, has also been equipped with proprietary technology to fully exploit the Monforts air-to-air heat recovery systems that are now standard with Montex stenters.

“Around 30 per cent of our investment volume at the site goes to energy-saving measures and we are sure that this commitment is worthwhile,” Mr Niess says. “As an example, our integrated heat recovery system fully exploits the waste heat from the process exhaust air and the burner exhaust gases of the Monforts stenters, allowing us to achieve an exhaust air temperature of  between 30 to 34°C, compared to what would conventionally be between 140 to 160°C. Another focus has been on exhaust air purification technology and here too, the latest technology has been installed with integrated heat recovery elements.”

This, he adds, saves 52% of the energy that would normally be used – equating to 5,800,000 KwH per year. The necessary audits for energy-efficient companies are also carried out annually.

In addition, GtA has purpose-designed the automatic chemical mixing and dosing systems that feed the padders for the key treatments that are carried out on the fabrics through the stenters.

The company is going further, however, in its pursuit of clean production and raw materials.

"We want to be an asset and not a burden on our immediate environment and therefore do not use any additives containing solvents," Mr Niess says. “We were the first to use fully halogen-free flame retardant chemistry, and we use bio-based, finely ground alumina products for the washing process instead of surfactants. PES polyester yarns made from recycled material are also increasingly used and the latest additions to our raw materials portfolio, the RC-Ocean products, are made from recycled sea plastic.

“We are now planning a combined heat and power plant for the production of electrical energy and heat and we will also build a photovoltaic system that converts solar radiation into electrical energy. GtA wants to be the first textile finishing company to be CO2-neutral in the manufacture of all of its products by 2025. The complete heat supply and heating for the 13,000 square metre production hall, as well as the office building and the hot water supply for the domestic water, is already energy-neutral. We are convinced that this commitment will pay off in the long term and our positive business development proves that sustainability and business profitability are perfectly compatible.”

In addition to the products for Georg and Otto Friedrich GmbH, GtA  offers its manufacturing capacities for other customers as a contract service.

All products are manufactured in accordance with Öko-Tex Standard 100, product class 1 and the company is also involved in the research and development of new sustainable manufacturing processes, in cooperation with many regional universities and funding project partners.

Source:

AWOL Media for A. Monforts Textilmaschinen GmbH & Co. KG

DyStar resigns from ETAD and joined TEGEWA
DyStar resigns from ETAD and joined TEGEWA
17.02.2020

DyStar resigns from ETAD and joined TEGEWA

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation has resigned from Ecological and Toxicological Association of Dyes and Organic Pigments Manufacturers (ETAD) and joined TEGEWA as a member since January 2020.

Despite being one of the major sponsors and supporters of ETAD for many years, DyStar had to make this decision in response to the new industry challenges. The executive decision to leave ETAD and join TEGEWA was made after careful considerations on current global business needs, market demands and customers’ requirements. In conclusion, DyStar decided to work with an organization that can better represent and effectively support the Chemical Industry in a fast and challenging environment, and at the same time, provide essential support to the Textile Chemical Producers, the Brands and Retailers, among other stakeholders in the worldwide supply chain.

DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation has resigned from Ecological and Toxicological Association of Dyes and Organic Pigments Manufacturers (ETAD) and joined TEGEWA as a member since January 2020.

Despite being one of the major sponsors and supporters of ETAD for many years, DyStar had to make this decision in response to the new industry challenges. The executive decision to leave ETAD and join TEGEWA was made after careful considerations on current global business needs, market demands and customers’ requirements. In conclusion, DyStar decided to work with an organization that can better represent and effectively support the Chemical Industry in a fast and challenging environment, and at the same time, provide essential support to the Textile Chemical Producers, the Brands and Retailers, among other stakeholders in the worldwide supply chain.

TEGEWA, being a sector association within the German Chemical Industry Association (VCI), is also actively involved in the work of VCI. The association has over 100 members and represents manufacturers of chemical substances and mixtures, such as surfactants, textile, paper and leather auxiliaries, colorants, cosmetic raw materials, antimicrobial agents, polymeric flocculants and allied products.

TEGEWA has also deeply engaged with DyStar and its partners of GCIRT on many meaningful discussions for the industry, such as communications with the ZDHC Organisation.

Fanny Vermandel, Vice President, Global Marketing Coloration at DyStar said, “At DyStar, we are customer-focused. We find TEGEWA a good fit and appreciate their diverse network. Most importantly, we are delighted to learn that TEGEWA works with many organizations such as IVTG and t+m, Brands and Retailers and other stakeholders in the worldwide supply chain.”

More information:
DyStar TEGEWA ETAD
Source:

DyStar

SABIC SHOWCASES FULL COMPLEMENT OF MARKET LEADING FLUIDS FOR CHINESE AND ASIAN MARKETS AT IESD SHOW, SHANGHAI
23.04.2018

SABIC SHOWCASES FULL COMPLEMENT OF MARKET LEADING FLUIDS FOR CHINESE AND ASIAN MARKETS AT IESD SHOW, SHANGHAI

As a global leader in the chemical industry, SABIC will present its full Fluids product portfolio at IESD, the leading surfactants and detergents show for China and Asia, in Shanghai, April 24 -26.

SABIC Specialties provides high value, technologically advanced chemical derivatives for use in a wide range of applications. Employed as surfactants, detergents, emulsifiers, emollients and thickeners for consumer products ranging from cosmetic and personal care, home care and pharmaceuticals, to industrial products like textiles, paints and coatings. Additionally, these products find their way into industrial uses such as specialty lubricants, crop protection, and oil & gas applications.

As a global leader in the chemical industry, SABIC will present its full Fluids product portfolio at IESD, the leading surfactants and detergents show for China and Asia, in Shanghai, April 24 -26.

SABIC Specialties provides high value, technologically advanced chemical derivatives for use in a wide range of applications. Employed as surfactants, detergents, emulsifiers, emollients and thickeners for consumer products ranging from cosmetic and personal care, home care and pharmaceuticals, to industrial products like textiles, paints and coatings. Additionally, these products find their way into industrial uses such as specialty lubricants, crop protection, and oil & gas applications.

A key aspect of SABIC Specialties Fluids business - not only within China, but for the broader Asia region - is its ability to deliver the added value only a dedicated, local team with stocked inventory and flexible packaging options, can supply. In addition to local team know-how and readiness, SABIC’s Chinese operations are supported by a global team with significant expertise and production facilities around the globe. Focused on creating the right balance of properties and performance to meet the ever-increasing needs of consumers and industry, SABIC works closely with specifiers and formulators to develop vital constituents for game changing products.

At IESD SABIC will be introducing SAPEG 400 PH, its new pharma grade PEG400, conforming to USP-NF monograph and manufactured to EXCiPACT Good Manufacturing Practices of pharmaceutical excipients. It is used in liquid preparations as a viscosity modifier, in ointment and suppository bases as a melting point regulator, moisturizer and lubricant and in the preservation of pathological specimens. It can be used in the manufacturing of creams, lotions, toothpastes and in soaps as a humectant.

“SABIC Specialties has long been a pioneer in developing innovative chemicals and polymers to support the production of the latest and most advanced domestic and industrial applications”, said Eric Jaarda, Senior Manager, Fluids Marketing Global at SABIC Specialties. “We are proud to present some of our most advanced and versatile offerings at this year’s IESD in Shanghai and to demonstrate our commitment to the Chinese and broader Asian market.”

In addition to SAPEG 400 PH, SABIC will also be showcasing the following:

  • Natural Fatty Alcohol (C12-14) Ethoxylates (SABIC® SABICOL L2/L3/L7/L9) - both colorless and odourless, this is a range of versatile non-ionic surfactants. Supplied as liquids or as a paste, they are efficient water in oil emulsifiers and readily biodegradable.
  • Synthetic Alcohol (Isodecyl and Isotridecyl Alcohol) Ethoxylates (SABIC® SABICOL DA5/DA7/TA5/TA6/TA7/TA8/TA9) - a series of fast wetting, low odor and biodegradable non-ionic surfactants.
  • Castor Oil Ethoxylates (SABIC® SABICOL EL30/40/55) - supplied in liquid form or as a paste, they are completely miscible in water and many organic solvents. Non-toxic and non-irritant, they are employed as emulsifiers in both domestic and industrial applications.
  • Polyethyleneglycols (SAPEG200/300/400/600) - consisting of a distribution of polymers of varying molecular weights, these are colorless and odorless liquids. Non-toxic and non-irritant, they are used as humectants, lubricants, solvents and viscosity modifiers in a range of applications.

 

Source:

© 2018 Saudi Basic Industries Corporation (SABIC)