ChemWorld | 8 | January 1990
ChemWorld Briefs
Royalene® EPDM Technology Licensed To Korean Joint Venture
Uniroyal Chemical Company plans to license its Royalene EPDM specialty elastomer technology to Yukong Elastomer Co., Ltd., a new joint venture company formed by Sumitomo Chemical Co., Ltd. of Japan and Yukong Limited of Seoul, the Republic of Korea. The new company will manufacture and sell EPDM rubber.
Uniroyal Chemical and Sumitomo Chemical (a 30 percent shareholder in the new venture) will license their respective technologies after signing a technology transfer agreement with Yukong Elastomer. This technology will be utilized at Yukong Elastomer’s 20,000 ton-per-year Ulsar, Korea plant site to be completed in 1991.
Royalene EPDM has broad applications that take advantage of its outstanding weathering characteristics, low temperature, chemical resistance and electrical properties. It is used in automotive, appli-
ances, wire & cable, plastics and various industrial markets.
Al Ingulli, Uniroyal Chemical’s former Vice President of Strategy and Commercial Development said, “We’re confident that our EPDM technology will help Yukong Elastomer establish a solid base for its rubber business in Korea, and successfully meet future opportunities for its products resulting from new international growth markets.” He added that the annual growth rate for Korea’s EPDM rubber market is approximately 20 percent, due to rapid expansion of automotive-related and other user industries. ■
Uniroyal Chemical Begins Joint Venture In Korea
In September 1989, Uniroyal Chemical Company formed a joint venture partnership with Hahn Jung, a wholly owned subsidiary of Han Nong Corporation of Korea, for the production and marketing of rubber chemicals. The joint venture will be called Unikor; each partner will
own fifty percent of the equity.
The agreement calls for Uniroyal Chemical to supply the technology and for Unikor to start producing antidegradant chemicals early in 1990, with an option to expand to other rubber chemicals in the future.
The agreement further defines Uniroyal Chemical as the exclusive agent/ distributor for Unikor’s products outside of Korea and Unikor as the exclusive distributor for other Uniroyal Chemical rubber chemicals in Korea.
Robert J. Mazaika, president and CEO of Uniroyal Chemical said, “We have developed a cohesive strategy for the Far East and this agreement supports our growth plans for the region. Moreover, it will enhance our strategic position as a major producer of rubber chemicals in the Far East.”
E.S. Kim, executive managing director of Hahn Jung said, “Our relationship with Uniroyal Chemical will help position our company as a key rubber chemicals supplier in Korea.”
Unikor will build a plant in Banneol, Korea, where Hahn Jung has a manufacturing site. ■
Service Awards For 28 Employees
In December 1989, 28 Uniroyal Chemical Headquarters employees were honored for their many years of service with the company. The group is as follows:
25 Years
Ray Chan – Sr. Dev. Engineer Associate
B.T. Dave – Mgr., Eng. Development Svcs.
Phillip Dillon – Supv. Cost Analysis
Maria Fidalgo – Credit Analyst
Joseph Fitzgerald – Systems Eng.-Appl.
Paul Hinckley – Business Dev. Manager
Joseph Hochheiser – Sr. Marketing Spec.
Donald Hodder – Operations Traffic Man.
John Johnson – Sr. Marketing Specialist
Hazen Jones – Sr. Const. Eng. Associate
Neil Melore – VP, Human Resources
Dolores Orsini – Clerk Specialist-Acctng.
Donald Poehailos – Supv. Cost Acctng.
George Roberts – Mgr., Trilene Technology
Frank Sordi – Group Leader
Donald Turner – Supv. General Accounting
30 Years
Emmanuel Kontos – Mgr., Elastomers Tech.
Janet Minnaman – Sr. Secretary
Stanley Salva – Research Scientist
Richard Tweedie – Sr. Group Leader
Lucille Butnor – Domest. Cust. Svc. Supv.
Ernst Krauss – Sr. Const. Eng. Associate
William Mischou – Dir., Materials Flow
Vincent Russo – Director, Purchasing
Frank Cesare – Section Mgr., R&D
35 Years
Frank Morgan – Purchasing Manager
Irwin Prager – Sr. Spec.-Health/Safety
Regulatory Affairs
45 Years
Vivian Abel – Sr. Executive Accountant
ChemWorld, a publication of Uniroyal Chemical Company worldwide, is distributed to company employees and retirees.
Robert J. Petrausch
Director, Communications
Maureen C. Fama
Marketing Communications Coordinator
Uniroyal Chemical Company
World Headquarters
Middlebury, CT 06749
(203) 573-2000
UNIROYAL CHEMICAL