Page 20 - Plastics News November 2016
P. 20
COMPANY NEWS
Solvay to expand sulfone Shell-CNOOC JV receives all
government approvals
polymer capacity in India
Shell Nanhai B.V. (Shell) and China National
The Euro 12.4-billion specialty polymers company Offshore Oil Corporation’s (CNOOC) 50:50 JV has
Solvay, is planning to expand capacity of its plant in OFlcially assumed ownership of CNOOC’s ongoing
India as part of its strategy to raise the global production project to build an ethylene cracker and several
of its high-performance sulfone polymers. “The company derivatives units, after receiving all the necessary
expects to GOVERNMENT