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Summary: The global chlorinated paraffin wax market has been segmented based on application and region.
The project, which is located in Messaieed Industrial area, would have a capacity of approximately 56,100 tonnes per year (tpy) of chlorinated paraffin wax (CPW), which is used primarily as a chemical in the manufacture of PVC pipes, cables, lubricants, and paints.
Beijing, Oct 14, 2010 - (ACN Newswire) - Chemchinanet.com reports that domestic chlorinated paraffin wax market change greatly, affected by raw material liquid wax price greatly increase and some manufacturers working rate decrease effect, chlorinated paraffin wax price in rising trend.
Specialty Chemical includes calcium chloride, calcium chloride (flakes), chlorinated paraffin oil (CPW), ferric chloride, magnesium carbonate, magnesium chloride, nickel chloride, poly aluminum chloride and sulphonated chlorinated paraffin wax. Gases include carbon dioxide gas, nitrous dioxide gas and oxygen gas.
In its latest significant move, QIMC has signed up for a 51 per cent stake in an MoU with KLJ Organic for the production of a range of chemicals mainly chlorinated paraffin wax. Capital for the joint venture is QR300 million.
These rating weaknesses are partially offset by its established market position and the benefits that the company derives from its promotersA[cent sign]a'[not sign]a"[cent sign] experience in the chlorinated paraffin wax (CPW) industry.
The production capacity of the new project is expected to be around 56,000 tonnes per annum of Chlorinated Paraffin Wax. It will also produce caustic soda, hydrochloric acid, sodium hypochlorite, and calcium chloride.
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