By: ICN Bureau
Last updated : December 03, 2021 7:39 pm
The addition of Versalis' proprietary mass ABS technology expands Supreme Petrochem's leadership position in Styrenics polymers in India.
Versalis, Eni’s chemical company, has agreed to license the continuous mass technology for a 70 KTY ABS unit to Supreme Petrochem Ltd., a leading Indian polystyrene and expandable polystyrene producer. The unit will be built in the Amdoshi –Wangani, District Raigad, in Maharashtra state, India.
This state-of-the-art technology will produce styrenic polymers with a low carbon footprint owing to reduced emissions and energy consumption. Market applications of the technology include the automotive industry, household appliances, the electronics sector, medical appliances and furniture.
The license agreement confirms the primary role of Versalis in styrenics and strengthens its position in the Asian market, an area which is undergoing a strong expansion in the petrochemical field and is increasingly focused on selecting more sustainable technologies with a low environmental impact.
Versalis will be supported by Eurotecnica Contractors and Engineers SpA, with which the company has recently signed a cooperation agreement within the styrenics business. Eurotecnica, which will support Versalis in supplying the basic engineering design package, is an Italian company founded in 1962 and part of the Proman Group. The company specialises in providing engineering services relevant to proprietary technologies with established leadership in the Asian market, in melammine technology.
Versalis is a technology leader in the chemical industry and one of the largest producers of polymers in Europe.
The addition of Versalis' proprietary mass ABS technology expands Supreme Petrochem's leadership position in Styrenics polymers in India adding to its existing polystyrene, expandable polystyrene, and compounding operations in Nagothane and Chennai.
Supreme Petrochem is a leader in Styrenic polymers in India with two manufacturing locations, Amdoshi-Wangani, Maharashtra and Manali, Tamilnadu in India. SPL's combined installed nameplate capacity of all products is about 400 KTY.