CELANESE
Polyplastics jv partner enters Japanese market
The unofficial battle between Celanese (Dallas, Texas / USA; www.celanese.com) and Daicel (Osaka / Japan; www.daicel.com) over their Polyplastics (Tokyo / Japan; www.polyplastics.com) joint venture has entered another round. While Polyplastics is steadily increasing its foothold in Europe (see Plasteurope.com of 20.07.2015), Celanese is getting ready to offer PPS grades for automotive construction in Japan – Polyplastics’ home turf.
"We see tremendous growth potential for these materials in the Japanese market," said Hajime Suzuki, who heads Celanese’s business in Japan. The US group will initially offer two families – "ICE" PPS (Improved Crystallization Evolution) for use at temperatures of up to 240° C, as well as the plasticiser-free "Flex" PPS.
Since its founding, Polyplastics had served only the Asian markets, while Celanese catered to the rest of the world – a regional division that was part of the jv partners’ agreement. Since 2012, however, the two companies are increasingly come into competition with each other, even if the financial shareholding arrangement has remained the same.
"We see tremendous growth potential for these materials in the Japanese market," said Hajime Suzuki, who heads Celanese’s business in Japan. The US group will initially offer two families – "ICE" PPS (Improved Crystallization Evolution) for use at temperatures of up to 240° C, as well as the plasticiser-free "Flex" PPS.
Since its founding, Polyplastics had served only the Asian markets, while Celanese catered to the rest of the world – a regional division that was part of the jv partners’ agreement. Since 2012, however, the two companies are increasingly come into competition with each other, even if the financial shareholding arrangement has remained the same.
15.09.2015 Plasteurope.com [232193-0]
Published on 15.09.2015