Company News

Taminco enters Chinese market with acquisition

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Initially, it is both partners' intention to build a new alkyl alkanol amine unit in Nanjing to serve the structurally growing water treatment, personal care and oil/gas markets in Asia and accompany the move of their global customers. The unit is expected to be operational by mid-2012.

MGC uses a proprietary technology based on methanol and ammonia to produce engineering plastics and electronic materials. As the world largest methanol derivatives producer, MGC has been producing formaldehyde, MMA, polyols and methyl amines mainly in Japan. It also has methanol plants in Saudi Arabia, Venezuela and Brunei and engineering plastics operations in the US, Korea and Thailand. MGC established the chemical production site named Ling Tian in Nanjing in 2008 for the development of derivative products out of methanol where it holds a strong advantage in supply availability.

Taminco has also significantly increased its US speciality amine derivatives capacity to address growing market demand for a variety of amine-derived products that are used in water and gas treatment, pharmaceuticals, coatings and other applications.

Three units - for the production of alkylalkanolamines (AAA) and diethylhydroxylamine (DEHA) - are up and running as part of a major expansion at its site, making it one of the largest specialised amine derivative plants in the world. The newly built units became fully operational in August and marked the successful consolidation of Taminco's US operations into two facilities (St Gabriel and Pace, Florida). The integration has led to a significant reduction in logistics as well as overall streamlined operations.