Brief: Petkim to establish a unit specialized in advanced engineering plastics and technology chemicals

Petkim Petrokimya Holding

21/10/2015 06:56

Oct 21 (Reuters) - Petkim  PETKM.IS : 
    * To establish Petkim Specialities Mühendislik 
    * To have 100 percent shares in Specialities Muhendislik 
    * Subsidiary will be specialized in producing high value 
added, advanced engineering plastics (masterbach, compound) and 
advanced technology chemicals 
    * Assets of Plastic Processing Plant which has a production 
capacity of 14,000 tonnes will be used by Petkim Specialities 
    * Petkim Specialities' capacity is aimed to increase to 
24,000 tonnes by providing at first stage an around of $5 
million investment consisting of new machine and equipment with 
10,000 tonnes production capacity 
 
     
Source text for Eikon:  ID:nIKAQ65MRa  
     
Further company coverage:  PETKM.IS  
 
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