Asahi Kasei licensing synthetic rubber technology to China

By Liz White, ERJ staff

Tokyo-Asahi Kasei Chemicals Corp. has licensed its synthetic rubber production technology to China Petroleum & Chemical Corp. (Sinopec).

Sinopec will use the technology to build a 100 kilotonnes per annum SR plant in the Shanghai Chemical Industry Park, scheduled for start-up in 2006.

Asahi Kasei described the agreement as “a milestone in a developing and growing relationship between the two companies,” and said they will “continue to explore further opportunities for commercial collaboration.”

The Japanese firm said its SR production…

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