BASF terminates joint venture plan with Saudi Polymers

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BASF said on July 1 that they have suspended plans to establish a joint venture with Saudi Astra Polymer Composites. According to the original plan, the new joint venture will produce special antioxidant mixtures for customers in the Middle East.

The joint venture plan was an agreement between the former plastic additive division of Ciba and Astra Polymers, but in 2009, Ciba was acquired by BASF.

The company stated that the termination of the joint venture plan will not affect the existing agreement between the companies, nor will it affect the operation of the special antioxidant mixture provided to customers in the region.

Flat Steel

Carbon Steel Flat Rectangle Bar General Introduction:
Flat steel includes the common hot rolled flat bar and cold drawn flat steel bar. Its width is 12-200mm, the thickness is 3-30mm and the length is 3m-12m or as per the client's request. MS rectangle bar is mainly used in the form various stress components according to the different needs of the structure, and it can also be used as a connection between components. Mild steel flat bar is widely used in the various construction structures and engineering structures, such as beams, bridges, transmission towers, lifting and transportation machinery, ships, industrial furnaces, reaction towers, container racks and warehouse shelves etc.
Steel flat bar is a pressure resistant hot work die steel. The steel is remelted by electroslag, uniform in material, good in hardenability, excellent in machinability and polishing performance, high toughness and plasticity, good high and low temperature wear resistance, and high temperature fatigue and heat resistance.

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