Top Industry Leaders in the Acrylic Acid Market
May 2023
Japanese producer Nippon Shokubai and the local enterprise Chandra Asri Petrochemical have reached a preliminary agreement to explore business opportunities for green chemicals. In Indonesia, Nippon Shokubai recently inaugurated a new acrylic acid (AA) facility.
Now, its subsidiary Nippon Shokubai Indonesia can produce 240,000 tonnes of AA yearly in the country of Southeast Asia thanks to the opening of a new 100,000 tonne/year AA factory in Cilegon, Banten province.
With a capacity increase of more than 11%, the Japanese group currently produces 980,000 tonnes of AA annually. The company manufactures superabsorbent polymers (SAP), which are used to make disposable diapers, whose use is predicted to "grow steadily."
In the meantime, the Japanese manufacturer and Chandra Asri, the only cracker operator in Indonesia, have signed a memorandum of understanding (MoU) to jointly investigate economic prospects for ecologically friendly or "green" chemicals.
October 2023
As a global supplier of process technologies and value-driven energy solutions, Lummus Technology recently announced that it has entered into a licensing and marketing agreement with Air Liquide Engineering & Construction for the ester-grade acrylic acid and light and heavy acrylates processes.
In order to create extremely absorbent polymers, adhesives, and a variety of coatings, acrylic acid is the primary component. A variety of acrylate esters, which are essential components of resins, plastics, rubber, and many other common commodities, are synthesized using ester-grade acrylic acid. With less capital needed and the lowest carbon footprint in the industry, the acquired technology transforms propylene into ester-grade acrylic acid.
May 2023
Japanese producer Nippon Shokubai and the local enterprise Chandra Asri Petrochemical have reached a preliminary agreement to explore business opportunities for green chemicals. In Indonesia, Nippon Shokubai recently inaugurated a new acrylic acid (AA) facility.
Now, its subsidiary Nippon Shokubai Indonesia can produce 240,000 tonnes of AA yearly in the country of Southeast Asia thanks to the opening of a new 100,000 tonne/year AA factory in Cilegon, Banten province.
With a capacity increase of more than 11%, the Japanese group currently produces 980,000 tonnes of AA annually. The company manufactures superabsorbent polymers (SAP), which are used to make disposable diapers, whose use is predicted to "grow steadily."
In the meantime, the Japanese manufacturer and Chandra Asri, the only cracker operator in Indonesia, have signed a memorandum of understanding (MoU) to jointly investigate economic prospects for ecologically friendly or "green" chemicals.
October 2023
As a global supplier of process technologies and value-driven energy solutions, Lummus Technology recently announced that it has entered into a licensing and marketing agreement with Air Liquide Engineering & Construction for the ester-grade acrylic acid and light and heavy acrylates processes.
In order to create extremely absorbent polymers, adhesives, and a variety of coatings, acrylic acid is the primary component. A variety of acrylate esters, which are essential components of resins, plastics, rubber, and many other common commodities, are synthesized using ester-grade acrylic acid. With less capital needed and the lowest carbon footprint in the industry, the acquired technology transforms propylene into ester-grade acrylic acid.
The noteworthy companies in the Acrylic Acid Market are:
- BASF SE
- The Dow Chemical Company
- Arkema SA
- Evonik Industries
- Nippon Shokubai Co. Ltd
- Taixing Jurong Chemical Co Ltd
- PJSC Sibur Holding, LG Chemicals
- Shenyang Chemical Co Ltd
- Mitsubishi Chemical, and Hexion Inc