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news Ineos Styrolution buys K-Resin


Global styrenics market leader Ineos Styrolution is to buy the K-Resin styrene-butadiene copolymers (SBC) business of Chevron Phillips Chemical and Daelim Industrial. “This measure marks our


Kevin McQuade: first acquisition


first acquisition and drives the further implementation of our Triple Shift growth strategy,” said Kevin McQuade, CEO INEOS Styrolution. “We will strengthen our ability to offer


specialty styrenics products to our customers, and increase our production capacities in Asia.” Founded in 2000 and based


at the Yeosu Petrochemical Complex in South Korea, K-Resin makes SBCs that Ineos Styrolution said will complement its existing Styrolux and Styroflex brands. The acquisition will also enable the combined entity to


PolyOne launches 810TM alternative


PolyOne has announced commercial availability of its SynPlast L9TM plasticiser, which is positioned as an alternative to the 810TM linear plasticiser flexible PVC compounders have tradition- ally relied on to achieve required performance properties at both high and low temperatures in applications such as wire and cable. PolyOne said its cross- functional Synthetic Esters team was charged with developing the grade because 810TM has been subject to periods of unavailability due to


PolyOne’s Synplast L9TM is an 810TM plasticiser alternative for cable applications


supply from production sites in the Americas, EMEA and Asia-Pacific regions. Ineos Syrolution was


formed as a result of Ineos’s purchase of BASF’s 50% share in its Styrolution joint venture in 2011. The company operates 15 styrenics manufacturing plants in nine countries and generated sales last year of around €5bn. ❙ www.ineos-styrolution.com


Büfa works with OCSiAl


shortages of the key 810 alcohol raw material. SynPlast L9TM is based on more abundant linear 9 alcohol. The new plasticiser is said to offer the same performance


properties as 810 TM and has been specifically formulated for use in wire and cable and automotive slush moulding PVC applications, the company said. ❙ www.polyone.com


New owner for Chromaflo


US-based colorant and chemicals firm Chroma- flo Technologies has been acquired by private equity firm American Securities from Arsenal Capital Partners and Nordic Capital. Chromaflo, which is based at Ashtabula in Ohio, supplies some 7,000 different colorant systems and chemical and pigment dispersions in 200 product lines worldwide. It has production facilities in the US, Canada, the Netherlands, Finland, Australia, China and South Africa. Chromaflo president and CEO Scott Becker


12 COMPOUNDING WORLD | December 2016


said American Securities is “ideally positioned to support our next phase of growth and development as we look to expand our product offerings, geographies, and market reach.” American Securities owns a portfolio of 23


companies with a combined annual turnover of around $15 billion/year. This includes specialty chemicals producer Emerald Performance Materials and its Kalama Chemical and CVC Thermoset Specialties subsidiaries. ❙ www.chromaflo.com


Büfa Composite Systems, a major manufacturer of composite materials, has agreed a deal to expand the production and marketing of OCSiAl’s Tuball brand of single wall carbon nano- tube (SWCNT) based concentrates and resin formulations. Under the terms of the deal OCSiAl, which claims to be the world leader in single-wall carbon nanotube manufacturing, will supply nanotubes to Büfa, which will use them and OCSiAl’s technologies to make Tuball-based modifiers under its own brand. The arrangement was


confirmed last month with the signing of a Memoran- dum of Understanding at the Nanoagmented Materials Industry Summit 2016 at Novosibirsk in Russia, where OSSiAl’s production plant is located. ❙ www.ocsial.comwww.buefa.de


www.compoundingworld.com


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