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
   15   16   17   18   19   20   21   22   23   24   25