news
Veolia buys controlling stake in AKG Kunststof
French energy and water utility giant Veolia has acquired a controlling stake in AKG Kunststof Groep of Vroom- shoop, Netherlands, from private equity firm Wadinko, which remains a minority shareholder. Veolia said AKG is a
European leader in recycling and compounding of PP and that the acquisition “boosts [Veolia’s] development in the field of circular economy and confirms its goal to become a reference producer of recycled raw materials”. AKG Kunststof Groep has 35
employees and generated sales of €34m last year. To date it has sold 37,000 tonnes of recycled material to manufacturers of plastic products as a replacement for virgin material. According to the company, the post-con- sumer fraction of its raw materials – which comes from commercial, industrial and
AKG's plant at Vroomshoop
Preferred expands in Mexico
Custom rubber compound- er Preferred Compounding de Mexico has brought a second Farrel F-270 black mixer and in-line gear pump strainer online. The company has also started construction of a 14,000m2 extension of its plant at San Luis Potosi that will add inventory and office space. “We expected robust
household waste – has recently grown to near 90%, with the rest being production scrap sourced from manufac- turers of PP products. Key end markets include horticultural, infrastructure, electronic appliances, automotive and packaging products. Veolia said that the
Vroomshoop facility will become one of its ‘Centres of Expertise’ and the cornerstone for the expansion of its
European platform of recycled raw plastic materials manu- facturing. Veolia already employs about 300 people in the Netherlands, many in closed-loop recycling and reuse projects. The company is also involved in a pilot project at Leeuwarden generating bioplastics from sludge recovered from wastewater treatment facilities. ❙
www.veolia.com
growth for this operation and are continuing to invest to stay ahead of it,” said general manager Scott Lieberman. “We’re now approaching the same capacity and employment range of the other Pre- ferred locations.”
Ohio, USA-headquar-
tered Preferred Compound- ing bought the Mexico site, then covering 6,100 m2
,
three years ago. It expects to employ around 100 by the end of the year. ❙
www.preferredperforms.com
Electriplast secures its largest ever order
Integral Technologies of Canton, Michigan, USA, has announced its wholly owned Electriplast subsidiary has received its largest electrically conductive compound order to date from Chang Rim, a speciality moulder based in Daegu, South Korea. Chang Rim has been
working in partnership with ElectriPlast over the past nine months to develop a new product using the Electriplast
6 COMPOUNDING WORLD | September 2015
compound, which includes nickel plated carbon fibres manufactured using Integral’s proprietary process technology to provide electrical shielding. “This is one of the products,
along with the motor casing and enclosure, that we have been developing with Electri- Plast’s support,” said Won- Hyun Kwon, president of Chang Rim. “The first product we developed was for the automotive market, which we
anticipate going into produc- tion shortly. This new product is a consumer product. We anticipate production to start at 30,000 units/month, and ramping up to 100,000.” ElectriPlast said that it has
already supplied initial quantities and anticipates Chang Rim requiring around 50 tonnes/year of the new formulation once full produc- tion starts. ❙
www.electriplast.com
www.compoundingworld.com
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