news China XD expands in ME and China


China XD Plastics said in its Q1 2016 financial results that its new Dubai facility will be operational as of this quarter. It also confirmed that it will begin production at a new facility in China’s Sichuan province in H2 2016. “Phase 1 was completed


last year with plant capacity capable of producing 2,500 tonnes. Phase 2 of Dubai will add 14,000 tonnes of capacity. It is currently under construc-


tion and expected to be operational in early 2017,” said CEO Jie Han. “Our presence in Dubai will provide numerous advantages, including the development and production of high end products and more active participation in markets in Europe, the Middle East and other international regions.” South-West China, Han added, “is rapidly becoming a major auto manufacturing hub, as well as a centre for high


speed rail, shipping and aviation”. The company increased its sales there by over 80% in Q1 2016. The new Sichuan facility


will have 60,000 tonnes/year of capacity and will increase the firm’s total capacity to 300,000 tonnes. The automotive industry is a key focus for China XD Plastics, but the company said the new plant will also feature precision equipment “that will facilitate


product deployment into an array of high growth verticals”. Based in Harbin, China XD


Plastics develops, manufac- tures and sells polymer compounds primarily for automotive applications. It claims that its products are used in exterior and interior trim and functional compo- nents of 28 car marques made in China. During Q1 2106, it generated revenues of $215m. ❙ www.chinaxd.net


Newlin to head Univar


Huntsman starts up US plant


Huntsman has commenced operations at its new colour pigments facility in Augusta, Georgia, in the US. Built at a cost of $172m, it


is said to be the first plant of its kind to be built in North America for more than 35 years and will become the hub for Huntsman’s global pigments and additives


business in North America. It has a capacity of 30,000 tonnes/year of yellow, red and black iron oxide pigments. Huntsman describes the plant as “a step change in iron oxide manufacturing” in terms of both the level of automation and packaging and the use of raw materials. The company said the supply chain, for


instance, has been closely integrated with Huntsman’s wider pigments and additives business so that iron sources obtained from waste streams at other plants can be used as inputs. In addition, a drying step normally used at stand- alone pigment production plants has been eliminated. ❙ www.huntsman.com


Jinyoung plans for European growth


Jinyoung (Xiamen) Industrial has laid out plans to increase its compounding capacity in China, partly with a view to growth in European markets. The company, which is based in Fujian province, has


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also been looking for potential distributors in Europe and is understood to be in talks with a Polish compounder to this end. At present, it has only one known customer in Europe. Jinyoung mainly works with


COMPOUNDING WORLD | June 2016


modified engineering poly- mers, notably PA, PP, PC, POM and ABS. It has announced plans to widen this range to include polymers such as PPC and LCPs. ❙ www.jinyoung.cn


Stephen Newlin has been named as the new presi- dent and CEO of Univar, the world’s second largest distributor of chemicals and plastics. Newlin, who has been a


board member at Univar since 2014, served as chairman, president and CEO of PolyOne from 2006 to 2014, during which time it became a global polymer producer with $4bn in annual revenues. Prior to joining PolyOne,


Newlin spent 24-years in management roles at Nalco Chemical and after that at its successor Ecolab. As a result of his new appointment, Newlin has severed all ties with Polyone, where he had remained as executive chairman of the board until 12 May. ❙ www.univar.com


www.compoundingworld.com


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