French Arkema and Korean CJ Cheil-Jedang to build JV in Malaysia
London (Platts)--12Aug2011/936 am EDT/1336 GMT
French petrochemical company Arkema and Korean bio-science company CJ
Cheil-Jedang have chosen the site of Kerteh, in the state of Terengganu in
Malaysia, to build a bio-methionine plant and a thiochemicals plant.
Both are used in the manufacture of animal feed.
The plants are expected to start operating at the end of 2013, according
to a company statement.
The joint venture will be on the east coast of Malaysia where all the
necessary infrastructure, utilities and raw materials can be easily obtained
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The on site bulk port and the nearby Kuantan and Kemaman container ports
will facilitate the product transport logistics.
CJ Cheil-Jedang, a Korean based food, feed, and bio-science company,
produces fermentation-based products such as feed amino acids, MSG, and
nucleotides with global manufacturing and business operations.
France's Arkema produces industrial chemicals including acrylic
monomers, emulsion systems, fluorochemicals, functional additives, hydrogen
peroxide, PMMA, technical polymers and thiochemicals. It has operations in
more than 40 countries and had annual revenue of Eur5.9 billion in 2010.
--Francinia Protti-Alvarez, firstname.lastname@example.org