Page 164 - CW E-Magazine (28-5-2024)

News from Abroad

EXPANSION
Shin-Etsu Chemical setting up new silicone

products facility in China

Japan’s Shin-Etsu Chemical has The site has an area
announced plans to establish a new of 40,000-m (in-
2
company, Shin-Etsu Silicone (Pin- cluding 20,000-m
2
ghu) Co. Ltd. in Zhejiang Province, of land planned for
China, and construct a new silicone future expansion),
products plant to expand its silicone which is twice the
business. area of the current
plant.
In 2002, Shin-Etsu Chemical had
set up Zhejiang Shin-Etsu High-Tech In addition to
Chemical Co. Ltd. in Zhejiang to meet existing general-pur-
the demand for silicone products in pose silicone emul-
China. The company began production plant. The production functions that sion products, the new plant will pro-
of silicone products in 2003. the current plant in Zhejiang Shin-Etsu duce functional silicone emulsions,
has fulfilled will also be transferred to environmentally friendly silicone pro-
For some time now, Zhejiang the new plant. ducts, and other high-functional pro-
Shin-Etsu had been considering expan- ducts, and is scheduled for completion in
sion of its capacity and product line-up The new plant will be built in the February 2026. The total investment is
in anticipation of growing demand in Dushan Port Economic Development expected to reach approximately 2.1-bn
China. The company will now acquire Zone in Pinghu City, Zhejiang Province, yen ($13.4-mn), including the cost of
a site in Zhejiang and construct a new which is about 85-km from Shanghai. the land for the project.
Marubeni to study feasibility of a biomass-to-SAF

project in Malaysia

Japanese trading conglomerate,
Marubeni, has signed a memorandum
of understanding regarding a feasibi-
lity study on the production and sales of
sustainable aviation fuel (SAF) utilis-
ing biomass resources in collaboration
with InvestSarawak, a Malaysian State
Government agency under the purview
of the Ministry of International Trade,
Industry and Investment, in Sarawak,
Malaysia.

The aviation industry is currently
facing an urgent need to reduce CO
2
emissions throughout the world, and
the International Civil Aviation Organi- to replace conventional jet fuel, and the InvestSarawak, and contribute to create
zation has introduced a CO emission demand for SAF is expected to grow. new businesses, enabling the deve-
2
reduction system. SAF has great poten- lopment of the economy in the state of
tial as a new generation low carbon fuel Marubeni said it will partner with Sarawak.

164 Chemical Weekly May 28, 2024

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