Polymirae
PolyMirae is the premier polypropylene company in Korea. It was formed by a strong alliance of two highly respected global companies, Daelim Industries and Basell(Montell) Polyolefins; with the specific charter of expanding the demonstrated properties of polypropylene in order to provide our customers with leading edge solutions to their material requirements.
PolyMirae is an exciting company because it will allow our customers in Korea and Northern Asia a full range of services previously unavailable.
The Basell(Montell) family is the global provider of polypropylene and engineering polymers with manufacturing facilities in every corner of the world. Basell(Montell) Polyolefins was formed in 1995 by the successful merger of the polyolefins businesses of the Montedison Group and the Shell Group, and since that time has become the world market leader in Polypropylene, founded on a strong emphasis in technology and product development. This access to proven solutions means that our customers can benefit from application know how that will increase their speed to market.
Daelim Industries has a strong presence in Korea and is established as a premier provider of polyolefins. It's contribution to PolyMirae is demonstrated with four world class production facilities in Yeochon, and a "best in class" research and development facility in Daeduk. In addition PolyMirae will operate a world class pilot plant facility to confirm our customers confidence when they introduce new products to the public.
This combination of access to worldwide application solutions and world class production offers our customers the very best approach to solving their material needs. I know that PolyMirae will be able to support you in your business by using these synergies to best advantage.
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All
PolyMirae's plants are located at the Yeochon Industrial Complex
in South Korea and composed of 4 production lines of 543,000 MTA
capacity with Spheripol process.
PloyMirae also has 1 pilot plant with swing process between
Spheripol (310kg/h for PP:Homo/Raco/Heco) &
Spherilene(200kg/h for L-LDPE/MDPE/HDPE).
We can produce a full range of products including homopolymer,
random copolymer, and impact (and super high impact) copolymer
(also known as heterphasic copolymer).
In 1995, KSA/ISO9002 Certifications were obtained for the product
quality management system. In 1996, KSA/ISO14001 Certifications
were obtained for the environment management system.
Montell and
Daelim announce agreement to form a polypropylene joint venture
company in Korea
Seoul, Korea - Montell announced today that it has signed an
initial agreement with Daelim Industrial Co., Ltd.(Daelim) to
establish a polypropylene joint venture company in Korea. Montell
will acquire a 50% interest in the polypropylene activities of
Daelim (including the polypropylene assets being acquired by
Daelim from Hanwha, through a swap of their polypropylene and
polyethylene assets.)
Montell and Daelim are now concentrating on implementation
activities, including financing and venture approvals, and are
aiming to form the new company by the end of 1999.
The new company will represent a unique alliance in the Korean
and Asian polypropylene makets by combining Daelim's position as
a leading regional producer and marketer of polypropylene with
Montell's global leadership in polyolefin technology,
manufacturing and marketing. In particular, the partners will
work to create strong links between the new company and Montell's
Asia-Pacific network.
Upon formation the new company will include the
polypropylene-related manufacturing and research facilities owned
and being acquired by Daelim, together with an existing
state-of-art pilot plant and product inventories. Manufacturing
facilities will include four modern Spheripol process technology
polypropylene plants constructed within the past seven years in
the Yeochon area of South Korea, which have a combined annual
capacity in excess of 500kt. The company's commercial and
corporate offices will be located in Seoul.
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LyondellBasellfs Metocene PP technology selected
by PolyMirae, Korea
PolyMirae (PMC), a joint venture between Daelim and
LyondellBasell, has selected LyondellBasellfs Metocene PP technology for one
of its Spheripol lines in Yeosu, Korea.
The Metocene PP technology license to PMC covers a full range of
homopolymers, random copolymers and heterophasic copolymers with
significantly improved physical properties. Metocene PP
technology is the first commercially available metallocene-based
technology which is proven in world-scale plants. LyondellBasell
has been developing and operating this technology for a number of
years, selling Metocene-based PP products successfully into the
European and North American polymer markets.
gAs
a key PP producer in the Asian market, PolyMirae is eager to
maintain a leading technology position in the region by
continuously having access to the newest and best technological
tools for making outstanding products that serve our customerfs needs,h
says C.J. Park, CEO
of PolyMirae. gMoreover, PolyMirae is very
pleased that it will be the first company introducing a
comprehensive metallocene polypropylene technology with broad
product coverage into the region.h
gMetocene PP
technology has proven to be a very versatile technology,h
said Kaspar Evertz,
LyondellBasellfs senior vice president of
Licensing. gIt extends the product range of
conventional PP by including product advantages like higher
purity, better organoleptic properties and significantly improved
transparency. Moreover, reactor grades with very high melt flow
can be produced without further visbreaking in the extruder.h
C. J. Park added, gWith these product advantages,
PolyMirae is confident that it will deliver customers additional
benefits like more stable spinning operation, enhanced flow
promotion and dispersion of additives.h
In addition to the
first Metocene PP license, PolyMirae has also obtained from
LyondellBasell a license extension to upgrade another Spheripol
PP plant in Yeosu to produce new high performance PP grades.