Thailand: Total Corbion PLA starts-up its 75,000 tons per year bioplastics plant

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03/12/2018 16:28
Total Corbion PLA, a 50/50 joint venture between Total and Corbion, announces the start-up of its 75,000 tons per year PLA (Poly Lactic Acid) bioplastics plant in Rayong, Thailand. The plant has successfully produced Luminy® PLA resins. This bioplastic provides a valuable contribution towards the circular economy being biobased and biodegradable and offering multiple environmentally-friendly waste solutions.

The new facility will produce a broad range of Luminy® PLA resins from renewable, non-GMO sugarcane sourced locally in Thailand: from standard PLA to innovative, high heat PLA and PDLA with unique properties. The products will
meet customers’ needs in a wide range of markets notably packaging, consumer goods, 3D printing, fibers and automotive and are specifically optimized for extrusion, thermoforming, injection molding and fiber spinning processes.
At the end of their useful life, PLA products can be mechanically or chemically
recycled, or in some cases composted and returned to the soil as fertilizer.
Total Corbion PLA will leverage on the integration with its Lactide plant, the
monomer required for the production of PLA, that has simultaneously been
expanded to 100,000 tons per year production capacity. Furthermore, the 1,000
tons per year PLA pilot plant, which has been operational since the end of 2017,
is located on the same site and will be used for product development.
The start-up marks a major milestone for both the joint venture and the
bioplastics market. With this additional 75,000 tons per year facility, the global production of PLA bioplastics will increase by almost 50%, to 240,000 tons per year. PLA is a fast-growing polymer market with an estimated annual growth rate of 10% to 15%.
“The start-up of this state-of-the-art plant establishes Total Corbion PLA as a
world-scale PLA bioplastic producer, ideally located to serve growing markets
from Asia Pacific to Europe and the Americas” says Stephane Dion, CEO of
the company. “The subsequent increase in global PLA capacity will enable
manufacturers and brand owners to move into the circular economy and produce
biobased products with lower carbon footprints and multiple end of life options.”
“I’m very pleased that the joint venture has started-up the second-largest
PLA bioplastics plant in the world. This achievement is fully in line with our
strategy, to expand in petrochemicals and, at the same time, innovate in lowcarbon solutions. Bioplastics are a great complement to our more traditional
petrochemicals products to meet the rising demand for polymers while
contributing towards reducing end-of-life concerns” says Bernard Pinatel,
President Refining & Chemicals at Total.
Corbion, that supplies the lactic acid to this fully integrated plant, is happy with the news: “The successful start-up of this state-of-the-art PLA plant is the result of impressive team work by many. This is good news for consumers
and producers who want to make a conscious choice to improve their carbon
footprint and make their contribution to a circular economy. A world of innovation and business opportunities has opened up while contributing to a better world” says Tjerk de Ruiter, CEO at Corbion.
For more information on how to make the switch to biobased PLA, or to
obtain sample material, please contact us.
END PRESS RELEASE

see pictures e.a. on
www.total-corbion.com

About Total Corbion PLA

Total Corbion PLA is a global technology leader in Poly Lactic Acid (PLA) and lactide monomers. PLA is a biobased and biodegradable polymer made from annually renewable resources, offering a reduced carbon footprint versus many traditional plastics. The Luminy® PLA portfolio, which includes both high heat and standard PLA grades, is an innovative material that is used in a wide range of markets from packaging to consumer goods, fibers and automotive. Total Corbion PLA, headquartered in the Netherlands, is a 50/50 joint venture between Total and Corbion..

www.total-corbion.com

Reactie XEA.nl
Corbion zal haar 100 jarige bestaan(2019) nog wel halen, maar vermoedelijk 't laatste jaar van haar bestaan. Een overname zal binnen kort er wel achter zitten.
In 2017 werd de termijn van de CEO van Corbion slechts voor 2 jaar verlengd. Waarom mochten wij niet aan de CEO in de AVA vragen, waarom slechts voor 2 Jaar.
Dus vroegen wij van XEA.nl dit jaar of er al een start gemaakt was voor een nieuwe CEO.
De Voorzitter zei tegen ons in de AVA: "laten wij NU juiste vanmorgen de start van een CEO hebben besproken en daar gaan wij dus morgen mee beginnen"!
Uit de zaal werd er gezegd: "dat is dan ook toevallig"!
Want wij hadden van de oud CEO van een AEX bedrijf het volgende te horen gekregen: "als je voor zo'n complex bedrijf als Corbion, niet al kandidaten voorhanden hebt, dan staat een overname voor de deur"!
Want het neemt voor Corbion tenminste 4 -5 jaar beslag, om een geschikte CEO te vinden/benoemen als opvolger. Dan is een verlenging van twee tekort om direct een opvolger te hebben.

zie ook
http://www.corbion.com/media/77166/corbion-purac-pla-high-heat-themesheet.pdf

Transacties in aandelen Corbion
d.d. prijs 17.30.00 uur omzet aantal transacties idem na 17.35.00 uur en latere
10 dec. EUR 24,74 20.608 238 EUR 24,78 30.175 302 17.35.14
Om 17.32,27 EUR 24,60 spelen met de prijsvorming.
11 dec. EUR 24,82 35.403 358 EUR 24,86 49.299 432 17.35.17
Om 17.33.24 EUR 24,98 zo kunnen systemen de prijsvorming beïnvloeden.
12 dec. EUR 24,78 33.174 333 EUR 24,80 50.733 398 17.35.24
Om 17.30.28 EUR 25,28
13 dec. EUR 24,40 32.904 415 EUR 24,40 42.357 478 17.35.29
Om 17.32.34 uur EUR 24,50

Zo werken systemen, alles ligt/zit bij elkaar en sturen is dan heel eenvoudig.
Active as of 12 Dec 2018 17:16 CET
# ORDERS # SHARES BID PRICE ASK PRICE # SHARES # ORDERS
3 483 24,84 24,88 285 1
5 391 24,82 24,90 431 4
4 731 24,80 24,92 250 1
1 150 24,78 24,94 1.377 3
3 1.329 24,76 24,96 769 3
1 170 24,74 24,98 862 2
3 3.080 24,72 25,00 581 3
2 1.250 24,70 25,02 854 2
2 1.420 24,68 25,04 4.587 5
2 2.058 24,66 25,06 1.019 2
26 11.062* Total 11.015* 26
* 47 aandelen verschil tussen de koop en verkoop.

d.d. 13 dec. Veel meer vraag dan aanbod en toch ca. 4-0ct lager. Het bewijs dat systemen sturen met de prijsvorming. Boekje Corbion
Active as of 13 Dec 2018 17:13 CET
# ORDERS # SHARES BID PRICE ASK PRICE # SHARES # ORDERS
3 354 24,32 24,40 756 7
2 1.080 24,30 24,42 340 2
4 1.743 24,26 24,44 1.274 3
3 3.696 24,22 24,46 523 3
2 6.725 24,20 24,48 2.630 2
2 416 24,18 24,50 956 3
5 3.241 24,16 24,52 875 2
2 429 24,14 24,54 2.705 3
2 450 24,12 24,58 400 2
4 1.119 24,10 24,60 2.296 5
29 19.253 Total 12.755 32
ca. 6.500 meer aandelen in de koop dan verkoop.

nog een boekje Corbion
Active as of 13 Dec 2018 17:20 CET
# ORDERS # SHARES BID PRICE ASK PRICE # SHARES # ORDERS
4 233 24,38 24,42 273 2
3 404 24,36 24,44 400 2
1 180 24,34 24,46 1.698 5
5 1.811 24,32 24,48 190 1
3 1.330 24,30 24,50 1.418 3
3 1.127 24,26 24,52 2.581 2
1 652 24,24 24,54 250 1
3 3.696 24,22 24,56 974 2
2 7.803 24,20 24,58 2.855 4
2 868 24,18 24,60 475 2
27 18.104* Total 11.114* 24
*ca. 700 sts meer kopen dan verkopen.

13 dec. 2018
Active as of 13 Dec 2018 17:29 CET
# ORDERS # SHARES BID PRICE ASK PRICE # SHARES # ORDERS
1 71 24,36 24,38 34 1
2 282 24,34 24,40 475 3
9 1.976 24,32 24,42 89 1
2 1.071 24,30 24,44 1.022 4
3 2.021 24,28 24,46 1.099 5
1 150 24,26 24,48 2.035 4
3 2.667 24,24 24,50 1.735 4
3 1.534 24,22 24,52 2.247 4
1 6.000 24,20 24,54 1.272 3
1 1.803 24,18 24,56 1.803 1
26 17.575* Total 11.811* 30
*steeds meer vraag dan aanbod, bijzonder toch.



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