Rus News Journal

Alliance of the largest chemical concerns

Leaders want to let out polymers together

Two chemical concerns in the lead in the world market - American Du Pont and Dow Chemical - declared intention to unite business in the field of manufacture of polymeric products for what the joint venture with the planned volume of annual sales in $1 mlrd with its subsequent increase within five years to $2 billion About it will be created has informed the Financial Times newspaper. However, the final decision about association will be accepted only in the end of the year.

Financial Times Message confirms unifying strategy Du Pont - autumn of last year concern has co-operated with the French company Rhone - Poulenc in manufacture of the fat acids, one of components of salts of nylon. New association will give the chance Du Pont to use patented technologies Dow Chemical, the most progressive. Thanks to it, considers Don of Photos, the head of European branch Du Pont, serious reduction of expenses for manufacture and fast growth of sales will be provided.
the capacity of the world market of polymers as a whole is estimated in $15 billion Annual sales volume of this production Du Pont already other part - on the markets of America is now estimated in $800 million from which 30 % are necessary on a commodity market in Europe, 5 % - in Asia, and.
the new enterprise if it, of course, is born, will be the first experience of cooperation of two concerns. Negotiations will last within 12 months for now trial works on one of factories Du Pont - with application of technologies Dow have begun. It is planned to make polymeric components for the automobile industry, every possible cables and wires, adgezivnye materials and many other things.