news A. Schulman to close facilities


A. Schulman announced some reallocations of production in its Engineered Plastics business within its Q4 and full year results presentation, prompted by the acquisition of Citadal Plastics earlier this year. Under the programme, the


company will close three facilities in Evansville and consolidate production into other facilities there “to improve our capacity utilisa- tion”. It will also relocate production of its Engineered Plastics products from its Akron, Ohio, plant to one Evansville facility and invest at its Akron plant in order to boost the masterbatch product family. The company said the move will


GCR Group ups capacity


Spain’s GCR Group is to install new compounding capacity at its La Bisbal del Penedès site in Tarragona that will raise capacity for production of its Granic line of mineral masterbatches to around 300,000 tonnes. In a statement GCR said it has also developed new additions to its Ciclic range of recycled talc-filled compounds, which are produced in a separate plant at La Bisbal del Penedès. The company said it


expects production of these new post-industrial recycled PP automotive grades to amount to around 25,000 tonnes by 2017. ❙ www.gcrgroup.es


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lead to about 26 job cuts. Schulman expects the


consolidation of the Engi- neered Plastic business to deliver annual savings of about $9.5m in 2016 and 2017. This will cost it $2-3m in pre-tax employee-related cash and other charges, as well as approximately $5 to $6m of pre-tax machinery and equipment accelerated depreciation, all of which should be taken by December. “The consolidation of our


Engineered Plastics business illustrates our continuing commitment to right-sizing our capacity and affirms our commitment to capturing our stated synergy savings of $25


2015, with negative foreign currency translations and contributions almost exactly cancelling each other out. Operating income fell by $11.9m to $70.4m, again largely explained by currency moves. Otherwise, Rzepka said, Schulman had a third consecu- tive year of growth in sales, gross margin and EBITDA. “Through our transforma-


A Schulman President and CEO Bernard Rzepka


million by the end of 2016,” said President and CEO Bernard Rzepka. Full year data from the


company showed that net sales fell from $2.5bn to $2.4bn in


tional acquisition of Citadel, we made significant strides toward our strategic vision of becoming the premier plastics solutions provider. At the same time, we continued to deliver strong operational and financial results,” he said. ❙ www.aschulman.com


Techmer ES to build new plant


Techmer ES, a producer of custom engineered thermo- plastic compounds within Techmer PM, has revealed that construction is under way of a new facility at New Castle, Delaware, US. Transition from the existing


facility in Aston, Pennsylvania, is expected to begin in January 2016, with full operations starting in Q2. The new location, 32 km away from Aston, was chosen in part to allow the company to retain the existing workforce. It will


employ 60 employees at startup, with the intention of increasing this to 100 within five years. The company said the new plant has 50% more capacity to support its business growth


and will help it to accelerate the introduction of its offer in high-growth areas such as 3D printing. Techmer ES will also invest in closed-loop utilities and recycling initiatives. ❙ www.techmeres.com


Ensinger relocates its Austrian HQ


Ensinger has relocated its Austrian HQ from Lenzing to a purpose-built facility at Seewalchen am Attersee providing 1,400m2


COMPOUNDING WORLD | November 2015 3,000m2 of production space. The company said the new of office and


location will house sales and distribution functions for its Compounds and Stock Shapes


divisions as well as manufac- turing for its Sintimid divison’s Tecasint polyimide plate and tubes. ❙ www.ensinger-online.com


www.compoundingworld.com


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