Caprolactam Polish Companies Expand Caprolactam Business to Asia
Asia lures Western companies with cost effective productions and fast growing markets Now two pPolish enterprises are looking for a local partner for the development of a caprolactam plant.
Warsaw/Poland – Pulawy and Tarnowie-Mościcach agreed on future cooperations in Asia: Both companies aim to establish a new caprolactam plant with a local partner, using their proven technology portfolio. "The location of the planned plant – we are thinking of China or Taiwan – should allow us to source raw materials and energy on favourable terms, thus maintaining the cost of caprolactam production at competitive levels," said Jerzy Marciniak, President of the Management Board of Tarnowie-Mościcach. "We will also take into account other technology related aspects, such as the possibility of selling ammonium sulphate on the local market."
According to company speakers, the firms held patents that enable them to design and build up a complete caprolactam unit and adapt it to the specific local conditions and requirements, including the adaption to different basic feedstock (benzene or phenol).
Asian Caprolactam Market Grows by Three Percent/Year
With the entry on the Asian market the two Polish companies expect to profit from lower production costs and high demand for caprolactam in the region, currently the fastest growing caprolactam market, the companies said. Globally, the demand for caprolactam increases by three percent per year, compared with as much as 8% in China.
"This project is very important for us," adds Jerzy Marciniak. "We are interested in increasing the role of Polish caprolactam technologies in the world, as well as enhancing our capabilities and entrenching our current market position." A corresponding special team, charged with the task of preparing and performing actions necessary to establish the future cooperation, will be formed..