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2006-07-18 News Headlines
New engineering plastics plant for NOVA Chemicals NOVA Chemicals Corporation announces the successful start-up of Ningbo Chang-Qiao Engineering Plastics, an ARCEL moldable foam resin manufacturing facility in China.
NOVA Chemicals Corporation today announced the successful start-up of an ARCEL* moldable foam resin manufacturing facility in Ningbo, China, near Shanghai. The new facility, Ningbo Chang-Qiao Engineering Plastics Co., Ltd., ensures local sourcing of ARCEL in Asia and is operated under a long-term manufacturing agreement with Loyal Chemical Industrial Corporation, the largest expandable polystyrene producer in the world. "This new manufacturing capability supports NOVA Chemicals' strategy to shorten the supply chain for Asian markets as demand for ARCEL continues to grow in the region," said Tim Wong, NOVA Chemicals' General Manager for ARCEL resin in Asia. "We are very pleased to partner with an industry leader like Loyal Chemical to deliver the unique benefits of ARCEL to customers locally and worldwide."
ARCEL resin delivers significant
value as a protective packaging material for damage-sensitive goods such
as televisions, computers, printers, appliances and furniture. By enabling
reductions in package sizes, ARCEL improves space and cube efficiency
and therefore can deliver logistics cost savings for manufacturers. In
addition, the toughness and unique cushioning properties of this advanced
inter-polymer for packaging work to successfully protect goods in transit
– even in the case of multiple drops during shipping. By retaining
structural integrity from the manufacturer to the customer, packaging
made with ARCEL resin ensures a positive "out-of-the-box" experience
for consumers and reduces costly product returns. "We are pleased to partner with NOVA Chemicals to support the growth of ARCEL resin in Asia," said Mr. Y.C. Liao, Chairman and President of Loyal Chemical. "We are proud to say that the efficiency, reliability and productivity of the Chang-Qiao facility can assure the highest quality standards for ARCEL." The new ARCEL resin manufacturing facility at Ningbo supports NOVA Chemicals’
strategic growth plans for its Performance Products. ARCEL resin is also
produced at NOVA Chemicals’ Beaver Valley site in Monaca, Pennsylvania,
which serves as the center for ARCEL resin research and development. ARCEL
resin runs on standard EPS molding equipment, processes more easily than
competitive materials, and is recyclable in the polystyrene recycling
stream. ARCEL resin is processed by customers worldwide. Read a recent press release from NOVA Chemicals about - 'NOVA Chemicals
introduces new expandable polystyrene resins for stronger insulating
concrete forms for residential, commercial and industrial construction
projects.'
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