Page 22 - Plastics News June 2021

CompAny news

DuPont Invests in Capacity- Crown LNG to develop LNG

building, Manufacturing resources terminal offshore Kakinada
in Europe

rown LNG Holding AS (Crown LNG), a Norwegian
Cgroup which specialises in developing LNG
uPont Mobility & Materials today announced it is infrastructure for harsh weather conditions, has
Dinvesting $5 million in capital and operating resources initiated development of an LNG terminal offshore
at its manufacturing facilities in Germany and Switzerland Kakinada in Andhra Pradesh. Crown LNG India AS,
to increase capacity for its high-performance automotive a subsidiary of Crown LNG Holding AS, has signed an
adhesives. The investment will expand capacity to support agreement with East LNG; to finance, build and lease
growing demand for advanced mobility solutions for the Infrastructure for their offshore LNG receiving
vehicle electrification. New equipment has been delivered terminal at Kakinada. Crown has also been contracted
and installed that will increase manufacturing capacity for operations and management of the facility, through
as well as accelerate delivery of product samples to the 25-year lease period. Crown LNG has now initiated
customers. “As we see continued recovery of the global development of the Kakinada project.“We will build
automotive market, we’re an LNG terminal that will be operational 365 days per
closely collaborating with year, including during the monsoon season, for 25 years
our customers in Europe following the completion of the terminal,” said Gunnar
to deliver innovative Knutsen, CEO of Crown LNG AS’, Crown LNG’s project
adv anced mo bility services company. The LNG terminal will be built with
solutions to meet their an annual re-gasification capacity of 7.2 million tpy.
business needs,” said It will support India’s gas initiative and help to reduce
Tina Wu, Vice-President carbon emissions. Crown LNG intends to develop the
and General Manager, LNG terminal as a gravity-based structure that sits on
Advanced Solutions, DuPont Mobility & Materials. “This the seabed approximately 11 km offshore Kakinada.
investment reinforces our commitment to increase Not only will such a solution be able to withstand the
capacity and accelerate growth in hybrid and fully-electric harsh weather conditions the Indian monsoon season
vehicles.” DuPont manufactures BETAFORCE™ TC and presents, it will also contribute towards decongesting
BETATECH™ thermal interface materials that help support busy ports and keeping hazardous substances away
battery thermal management during hybrid/electric from populated areas. “By choosing this approach, we
vehicle charging and operation. While BETAFORCE™ enable a 365-day operating window without placing
is multi-material bonding adhesives for vehicle body
structure bonding, and battery sealing and assembly,
BETAMATE™ are structural adhesives for vehicle body
structure and battery bonding to support crash durability
and lighter weight vehicle structures.BETASEAL™ is glass
bonding adhesives that enhance vehicle structure for
OEM installation and aftermarket repair of windscreens,
backlites, panoramic, and stationary glass. This capacity
increase in Europe follows recent announcements the
company has made reinforcing its ability to produce and
supply customers with advanced adhesives solutions in
the Asia-Pacific region. DuPont Mobility& Materials (M&M)
delivers a broad range of technology-based products
and solutions to the automotive, electronics, industrial, unnecessary environmental and safety burdens on the
consumer, medical, photovoltaic and telecom markets. local community in and around Kakinada. This is in line
DuPont M&M partners with customers to drive innovation with our philosophy of acting responsibly wherever in
by utilizing its expertise and knowledge in polymer and the world we operate,” added Gunnar Knutsen.
materials science.

Plastics News June 2021 22