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news


Comptek and SilCoTec acquired by PolyOne


PolyOne Corporation an- nounced sales of just under $3.34bn for 2016, a slight decline on 2015, with income ahead at $778m. The company also used its end of year report to detail two further invest- ments in speciality colorants and additives through the acquisitions of Comptek and SilCoTec.


Based in Germany,


Comptek is a supplier of fluoropolymer and high temperature polymer based colour masterbatches and compounds; SilCoTec is a US-based producer of silicone


based compounds and colour masterbatches. The acquisi- tions extend PolyOne’s ability to supply into niche applica- tions such as healthcare and aerospace and follow the company’s recent purchases of Kraton’s thermoplastic elastomer assets, Gordon Composites and Polystrand. Commenting on the financial performance, Robert Patterson, PolyOne Chairman, President and CEO, said the company had delivered a seventh consecutive year of adjusted earnings expansion, reaching $1.95/share.


“Our Specialty Engineered


Materials, Performance Products & Solutions and Distribution segments all delivered record operating income, helping us to over- come a number of macro- economic challenges and weaker performance in Designed Structures & Solutions,” he said. PolyOne also pointed out


that its ‘vitality index’, a measure of revenue generated from new speciality products introduced over the previous five years, stood at 42%. ❙ www.polyone.com


Coperion and Omya on board for Compounding World Expo 2018


The Compounding World Expo 2018 has attracted strong interest since its official launch last month. Coperion and Omya are the latest of many major suppliers to reserve stands at the exhibition, which takes place on 27-28 June 2018 at Messe Essen in Germany and is being organised by AMI and Compounding World maga- zine.


“Coperion is the latest supplier of compounding lines to join the event,” said Matt Wherlock, AMI’s Exhibition Sales and Marketing Manager. “The majority of leading manufacturers of twin-screw extruders, kneaders and mixers have now reserved


8


Budenheim, Imerys, Javachem, LKAB, Melos, Ningbo Materchem, OCSiAl, Polyscope, Solvay/ Cytec, and Velox.


“We have been delighted by


stands at the show, including Buss, Coperion, CPM Century, Farrel Pomini, Feddem, ICMA San Giorgio, JSW, KraussMaf- fei Berstorff, Leistritz, Plasmec, Promixon, Steer, and Xinda”. Industrial minerals


producer Omya is the latest additives company to reserve a stand at the Compounding World Expo 2018 and will join a global array of suppliers of a wide range of polymer additives and compounds. These already include


COMPOUNDING WORLD | February 2017


the response to our launch of the first focused exhibition for the thermoplastics compound- ing industry,” added Andy Beevers, Events and Magazines Director at AMI. “The floorplan is already filling up fast with 16 months to go and we are receiving strong interest from throughout the supply chain”. For more information on the Compounding World Expo, including the current floorplan and exhibitor list, visit the exhibition website at: ❙ www.compoundingworldexpo.com


news in brief


❙ A Schulman is extending its distribution agreement with Solvay covering three high-performance polyam- ides – Omnix and Kalix, plus Ixef polyarylamide - to all of Europe, Middle East and Africa (but not Italy). Solvay and Schulman have part- nered for some 20 years in much of the region, where Schulman also distributes Solvay’s melt-processable fluoropolymers. In a separate move, Schulman also recently agreed to distribute the TPE and biopolymer compound products made by Italy’s API in the UK and Ireland. www.aschulman.com


❙ Ineos Oxide said it has reached an agreement to acquire Arkema’s oxo alcohols business, which comprises a stake in Oxochimie, an existing joint venture between the two at Lavéra in France. The acquisition is subject to clearance from the European Commission. Oxochimie produces butanols, 2-ethyl hexanol and oxoaldehydes for both parent firms by reacting olefins with syngas. The resulting aldehyde is used as a feedstock in production of phthalates, acrylates, acetates and chemical intermediates. www.ineos.com


❙ US-based organosilicon compounds specialist Gelest has relocated its packing and shipping operations to a new location at Morrisville, Pennsylvania. The facility covers 13,900 m2 www.gelest.com


. www.compoundingworld.com


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