Leading global supplier of high-performance plastic compounds A. Schulman and National Petrochemical Industrial Company (Natpet) have entered into a partnership to construct PP compounding plant in Yanbu. The 100,000 tpa compounding facility is scheduled to start commercial production in mid-2017.
The 50:50 joint venture Natpet Schulman Specialty Plastic Compounds will manufacture a range of tailor-made “Polyfort” and “Polyflam” flame-retardant compounds as well as others based on a variety of Natpet’s “Teldene” PP grades.
Output will meet growing demand for durable goods, automotive and electrical & electronic applications s in Europe, the Middle East, Africa (EMEA), Asia and India.