news Nuplex sells masterbatch business
Nuplex Industries of Australia and New Zealand is selling its Nuplex Masterbatch and Nuplex Specialities businesses to Axieo for AUD127.5 million (US$112 million). Axieo is a newly created company formed with funds advised by Champ Private Equity. Nuplex is a global supplier
of resins for coatings and composites and said that its Masterbatch operations and its Specialties business, which
Melitek completes its plant expansion
Melitek, the compounder of plastics for medical and healthcare applications, has completed the expansion of its plant in Nørre Alslev, Denmark. The project included the addition of a new production line and an extra warehouse. The company’s manag-
ing director, Kim Laursen said that the expansion had proceeded “according to plan and budget”. The new state-of-the-art 8,000 tonnes/year production line was ready for start-up in October 2014. It will be used for
producing thermoplastics and elastomer compounds. Melitek reports increased demand for its Meliflex elastomer for replacing PVC. ❙
www.melitek.com
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distributes raw materials and specialty chemicals, are “non-core” to its global strategy. Both of these divisions are principally focused on Australia and New Zealand, although Nuplex Masterbatch also operates a plant in Vietnam. Nuplex substantially
expanded its existing Culamix colour and additive master- batch operations in 2011 with the acquisition of Acquos – the
former Ciba/Clariant master- batch business in Australia. The combined businesses were renamed Nuplex Masterbatch.
The division operates four
masterbatch plants in Australia, located at Thomas- town (VIC), Geelong (VIC), Alexandria (NSW) and Geebung (QLD). In addition, it has production facilities in Auckland, New Zealand, and in Ho Chi Minh, Vietnam.
A total of 186 people are
employed in the Nuplex Masterbatch business, which accounts for around 3% of Nuplex’s total annual sales of approximately NZ$1.6 billion (US$1.3 billion).
The majority of the sale to
Axieo is expected to be completed by the end of 2014, with divestment of the Vietnam assets following in the first half of 2015. ❙
www.nuplex.com
Compounders flock to Philadelphia
The Compounding World Forum 2014 is attracting even larger numbers of attendees and exhibitors than last year’s successful debut. The event, which is organised by AMI and Compounding World maga- zine, takes place next month on 9-10 December in Philadel- phia, PA, USA. More than 250 people have
already signed up to attend and the number of compound- ing companies that will be represented is already 25% higher than last year. These numbers are continuing grow on a daily basis. The event will feature a
high-level conference programme with 20 expert speakers covering business strategies, market opportuni- ties, innovative additives, and process optimisation. It will also include an exhibition with over 50 exhibitors – see page 67 of this issue for a preview of some of the companies that will be showcasing their products and services. Compounders that have
COMPOUNDING WORLD | November 2014
already signed up to send representatives to this year’s event include: A Schulman; AGC FluoroCompounds; Americhem; Ametek Westches- ter Plastics; Ampacet; Asahi Kasei Plastics; BASF; Borealis; Cabot; CCP Masterbatch; Celanese; Chase Plastic Servic- es; Chevron Phillips Chemical; Citadel Plastics; Clariant; CTC Plastics; Duromer Products; Elix Polymers; Enviroplas; ExCista; Gendon Polymers; Interfacial Solutions; Inteva Products, Invista; IPEX; Kraiburg TPE; Lehvoss; LTL Color Compounders; Lubrizol; Manner Polymers; Marmon; Mesa Industries; Mitsubishi Chemical Performance
Polymers; Modern Dispersions; Omni Plastics; PET Processors; PMC Polymer Products; Polyfil; Polymaterials; PolyOne; Polyram; Polyscope; Polyvel; PTT Global Chemical; Rhetech; Rimtec; Roscom, Rowa; S&E Specialty Polymers; Sabic ; Saco Polymers; Sirmax; So.F.teR; Solvay Specialty Polymers; Southwire; Styrolu- tion; Tapco Group; Tasnee Petrochemicals; TE Connectiv- ity; Techblend, Teknor Apex; TPC Wire & Cable; Vinacolour; Washington Penn Plastic; and Westlake Chemical. To see the full conference
programme plus booking details, please visit:
http://bit.ly/CWF14B
www.compoundingworld.com
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