DSM Engineering Plastics has launched a new line of materials, responding to growing interest in green products, and desire from customers to streamline production and reduce costs.
At a news conference before Chinaplas, DSM introduced flame-retardant products that are halogen free. The company also launched a new grade of Stanyl nylon that can reduce costs in the production of tumble valve bearings in V6 and V8 engines.
The Heerlen, Netherlands-based firm already boasts a factory in Jiangyin, China, and a joint venture with the state-owned petrochemical company China Petroleum & Chemical Corp., known as Sinopec, in Nanjing. Sometime this month, DSM said it intends to open a new facility at the Jiangyin site to produce Akulon-brand nylon 6.
Other materials were introduced, including a new grade of the polybutylene terephthalate material Arnite, to manufacture miniature, thin-walled insulating components.
The company aims to reach $1.5 billion in China-based sales by 2010. To do that, it is focusing on developing new products like those introduced at the show that address the changing demands of the market, said Jos Goessens, president of DSM Engineering Plastics.