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AkzoNobel Specialty Chemicals announced that it will invest more than EUR 12 million to expand production capacity and upgrade its organic peroxides facility in Los Reyes, Mexico. The project involves construction of a new facility to make Perkadox CH-50 organic peroxides, which are sold primarily into the thermoset resin market. One of the key growth segments for this market is ambient temperature curing of acrylic resins, which are used in road marking, resurfacing and roofing applications.

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SABIC manufacturing affiliate, Ibn Sina, a 50-50 joint venture with CTE (a company jointly owned by subsidiaries of Celanese and Duke Energy), has started up its polyacetal, otherwise known as “POM,” facility in Jubail which is the first such plant in the Middle East and Africa, giving a significant boost to SABIC’s position in the Global Engineering Thermoplastics.

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Thailand, Indonesia and Malaysia' pledge to withhold exports of 350,000 tons of natural rubber (NR) until March 2018 comes into immediate effect on Thursday (4 Jan 2018).

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China's plan to invest in rubber plantations in Thailand must be carefully considered, says Grisada Boonrach, minister to the Ministry of Agriculture and Cooperatives, but such projects must not impact local farmers.

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Batam Free Trade Zone Authority (BP Batam) has granted its first investment permit in 2018 to Chinese plastic maker Hong Sheng Plastic Industry, which is set to invest USD 4 million in Batam, Riau Islands.

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