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TOKYO, Feb 9, 2015 - (ACN Newswire) - Showa Denko (SDK) (Tokyo:4004) has concluded a business alliance agreement with KBR, Inc., an engineering company headquartered in Texas, to cooperatively market SDK's proprietary technologies to produce acetic acid and its derivatives (acetyls).
SDK has been producing acetyls at its Oita Petrochemical Complex for more than 40 years. Under the licensing agreement, SDK will provide KBR with its proprietary technologies, which were cultivated over many years, to catalyze and process acetic acid to produce its derivatives. In addition, SDK will provide KBR with its plant operation skills and know-how accumulated through safe and stable operation of the Complex.
KBR is an engineering company with excellent track record of technology licensing in the field of production process including that of petrochemical plant. SDK will aim to seek more opportunities to license its proprietary technologies through KBR's sales network, and further improve its technologies to produce acetyls.
About Showa Denko
Showa Denko K.K. ('SDK'; TSE: 4004, US: SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. SDK makes petrochemicals (ethylene, propylene), aluminum products (ingots, rods), electronic equipment (hard disks for computers) and inorganic materials (ceramics, carbons). The company has overseas operations and a joint venture with Netherlands-based Montell and Nippon Petrochemicals to make and market polypropylenes. In March 2001, SDK merged with Showa Denko Aluminum Corporation to strengthen the high-value-added fabricated aluminum products operations, and is today developing next-generation optical communications-use wafers. For more information, please visit www.sdk.co.jp .
Contact:
Showa Denko K.K. (SDK)
Public Relations Office
Phone: 81-3-5470-3235
Topic: Business Tieup
Source: Showa Denko K.K.
Sectors: Chemicals, Spec.Chem
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From the Asia Corporate News Network
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