Page 162 - CW E-Magazine (19-9-2023)

News from Abroad

PROJECT UPDATE

Sabic-Sinopec JV begins commercial operations of

polycarbonate facility in China

Saudi Arabian chemicals major,
Sabic and Chinese energy giant, Sino-
pec, have begun commercial operation
of a new polycarbonate (PC) plant at
their 50-50 joint venture (JV) – Sino-
pec Sabic Tianjin Petrochemical Co.
Ltd. (SSTPC).

Established in 2009, SSTPC is a
mega-size petrochemical complex that
already consists of nine world-scale
production plants producing chemicals,
polyethylene, and polypropylene. With
a designed capacity of 260-ktpa, the
new PC plant is a vital component of
Sabic’s PC growth strategy in China. our commitment to operate and manu- PC-related industries such as electri-
facture in markets that are close to our cals & electronics, consumer goods &
Mr. Abdulrahman Al-Fageeh, Sabic’s customers to increase service capabili- appliances, automotive, healthcare pro-
CEO commented, “Building on our ties, agility, and supply reliability.” The ducts and Building and Construction
position as one of the world’s lead- availability of Sabic’s polycarbonate applications. Sabic’s portfolio of PC
ing polycarbonate manufacturers, our will primarily be for customers in the materials produced at SSTPC will be
first-ever PC plant in Asia underlines Greater China region, targeting major marketed under its Lexan resin brand.
PROJECT UPDATE

Pyran aims to operate bio-based 1,5-pentanediol

commercial facility by 2026

US-based renewable chemicals its product to early customers to allow dated the technology at commercial
company, Pyran, has announced that it them to qualify the bio-based product scale in a toll manufacturing facility.
is expanding sales of 1,5-pentanediol in their applications. The toll manufacturing production run
(PDO) to select, pre-approved custo- also enabled the company to gather
mers as it has achieved critical mile- “Our successful manufacturing information required for the engineering
stones necessary to begin operating its campaign with renewable feedstocks necessary for the company’s world-scale
world-scale commercial plant for the now enables customers to further ex- commercial plant.
product in 2026. Pyran uses renew- pand their businesses with a better
able feedstocks, such as corn cobs, performing and more sustainable pro- Pyran closed on the second half
wood and sugarcane bagasse, to make duct. We have ramped up our capabi- of its Series A equity funding round
1,5-PDO. lities so that our customers can do the earlier this year, raising $1.5-mn.
same,” said Mr. Kevin Barnett, Pyran Coupled with its initial Series A
After securing an additional $1.5-mn co-founder and Chief Technology equity funding, Pyran has raised nearly
in new funding, Pyran has scaled its Officer. $4-mn between the two tranches and
technology and produced tonne quan- approximately $7.5-mn in grants,
tities of its bio-based product. The The company recently produced loans and equity capital since its
company announced it is now selling tonne quantities of 1,5-PDO and vali- founding in 2018.

162 Chemical Weekly September 19, 2023

Contents Index to Advertisers Index to Products Advertised