news
China XD commissions new compounding lines
China XD Plastics is adding new compounding lines at its production facility in Harbin, China. The company says that they will increase its total annual production capacity by 135,000 tonnes to 390,000 tonnes.
The new lines are being
installed at three newly built plants within China XD’s Number 3 production base in
Harbin and will start to contribute to production in the first quarter of 2013. The company says that the capacity expansion is backed up by investments in R&D equipment to support new product development. In December 2011, China XD added 20 new compounding lines that came on stream in the first half of this year,
taking its extruder count to 58 and increasing its total annual capacity by 90,000 tonnes to 255,000 tonnes. China XD focuses on
technical compounds for automotive applications. It says that its materials are used in components for 23 automobile brands manufactured in China, including Audi, BMW, Toyota, Buick, VW and Hafei. In its recently released third
China XD’s compounds are used by 23 car manufacturers in China, including BMW
quarter 2012 results, the company reported a 57.4% year-on-year increase in revenues, achieving US$163.3 million for the three months. The total volume shipped during the period was 61,589 tonnes, while gross profit was US$40.4 million, representing year-on-year increases of 57.7% and 50.9% respectively. ❙
www.chinaxd.net
Owens Corning expands
Owens Corning has started up new furnaces at its glass reinforcement manufactur- ing sites in Gous-Khroustal- ny, Russia, and in Tlaxcala, Mexico. Production capacity at
both sites has been more than doubled and the new furnaces will be used to produce corrosion-resistant Advantex glass. The new Gous-Khroustalny furnace will produce roving and wet-use chopped strands, while the extra capacity at Tlaxcala will be used for assembled roving and dry-use chopped strands. Owens Corning has also
recently opened its new China Composites Center in Shanghai to provide local R&D support and expertise. ❙
www.ocvreinforcements.com
Songwon reveals one-pack plant location
Songwon Additive Technolo- gies and Polysys Industries have announced plans to build an antioxidant OPS (one-pack systems) manufacturing plant in Kizad, Abu Dhabi. It will have an initial capacity of 7,000 tonnes and is expected to be completed in late 2013. The two companies are
forming a new venture Polysys Additive Technologies to construct the facility. The announcement follows the formation of Songwon Additive Technologies, a joint venture between Songwon of South Korea, Pan Gulf Holding
www.compoundingworld.com
Left to right: Khalid Al Hamdan, MD of Pan Gulf; Maurizio Butti, COO of Songwon; and Mohamed Al Muhairi, chairman of Polysys
Company of Saudi Arabia and Polysys Industries of Abu Dhabi for the manufacture and sale of Songnox OPS (see
Compounding World, Nov 2012:
http://bit.ly/songwon). Maurizio Butti, Songwon’s chief operating officer, said:
“This is a very important step for Songwon in the develop- ment of our global OPS footprint following the acquisi- tion of Additive Technologies Greiz and the capacity expan- sion which has already been implemented [in Germany]. The Middle East already represents a key market for OPS and polymer stabilizers and we expect this position to grow significantly in the near future.” Songwon Additive Technolo- gies also plans to build an OPS plant in the USA, but has not yet confirmed its location or timing. ❙
www.songwonind.com
December 2012 | COMPOUNDING WORLD 5
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