news Chemours to cut TiO2
Chemours, the recently spun off Performance Chemicals business of DuPont, has announced plans to close its TiO2
production facility at Edge Moor, Delaware, USA, and shut down a line at its New Johnsonville plant in Tennes- see. The actions will reduce capacity by about 150,000 tonnes/year. The move is part of a
five-point transformation plan the company announced recently, which it said is based on “reducing structural costs, growing market positions, refocusing investments, optimising the portfolio, and
New president at Coperion
Hillenbrand has announced the appointment of Kim Ryan as President of its Coperion business. Ryan was formerly
President of the company’s Batesville funeral products operation and a member of the Hillenbrand senior execu- tive team. She has held the Coperion post on an interim basis since April and has been part of the Hillenbrand business for 25 years. Ryan will report directly
to Hillenbrand President and CEO Joe Raver, who said that during her interim assignment Ryan had demonstrated deep professional knowledge and strong leadership. ❙
www.coperion.com
www.compoundingworld.com Techmer PM targets counterfeiters
Colour and additive master- batch producer Techmer PM has announced a collaboration with Applied DNA Sciences to develop anti-counterfeiting solutions for the polymer fibre industry based on the SigNa- ture T DNA tagging system. The two companies claim
the technology – based on plant DNA - will provide consumer and industrial product manufacturers with the ability to use masterbatch to protect their products from the point of origin through the
entire supply chain. “This partnership is
significant because it under- scores Techmer PM’s ability to design and implement advanced technical applica- tions using SigNature T. It also highlights our focus on designing materials that extend, as well as maintain, the properties of the base resins,” said David Turner, Techmer PM’s Vice President of sales and marketing. Applied DNA Sciences claims the SigNature tracer
provide high levels of forensic fidelity and strength. “Working with Techmer PM, we have successfully tested SigNature T DNA at its technical centre based in Clinton, Tennessee. The DNA tagging has been rigorously evaluated, following Techmer’s standards, and is now being actively piloted with customers involved in all stages of the supply chain,” said Dr James A. Hayward, President and CEO of Applied DNA Sciences. ❙
www.techmerpm.com
September 2015 | COMPOUNDING WORLD 5
E Bryan Snell – positioned for growth
enhancing the organisation”. It will cost Chemours $110m in Q3, with an additional $75m to $85m expected in restructur-
capacity
ing and other charges related to severance, decommission- ing and site redevelopment over the next two to three years. However, the company said the capacity reduction will ultimately yield annual savings of $45m.
The Edge Moor site and Line
3 at New Johnsonville will both close by the end of September, according to Chemours. The company said that Edge Moor, which employs 200 plus 130 contractors, is dedicated to a paper grade of TiO2
,
demand for which is in steady decline, while Line 3 is described as relatively
market, and these changes position us for growth in the industry.” ❙
www.chemours.com
small-scale and high cost. Ongoing production will be focused at New Johnsonville and three other sites in Mississippi, Mexico and Taiwan. “A plant closure is never an easy decision, because of its impact on people who are valued members of our company,” said E Bryan Snell, president of Chemours Titanium Technologies. “However, we believe this is the right business decision. Chemours is committed to the TiO2
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