news
Albis and William Barnet team up for US recycling
Albis Plastic of Germany, a technical plastics compounder with sales of €905m last year, and US-based William Barnet & Son, a specialist in the production, recycling, and trading of fibres, yarn and polymers, have formed a new joint venture, with Albis holding the majority stake. Based in the heart of the US
automotive hub at Duncan, South Carolina, Albis Barnet Polymers will recycle, repelletise and market post-industrial raw materials, while also using them in the compounding of Albis’s Altech Eco products. Both companies will invest “heavily” in recycling technology and the manufacture of “sustainable compounds in near-to-prime quality”. “The joint venture unites
Albis Plastic CEO Philip O Krahn says the new JV “unites strengths”
the strengths of both partner companies: a direct market access point to post-industrial raw material qualities, repelletising expertise, as well as compounding and product development competence. This concept will give us a competi- tive edge that we will imple-
ment and take advantage of globally,” said Philip O Krahn, Chief Executive Officer at Albis Plastic.
Albis will also build a
15,000 tonne production facility for engineering compounds at the site, with a completion date set for Q2 2017. And, as part of the agreement, Albis will also take over Barnet Europe’s polymer business, notably its production sites at Obernburg in Germany, and Humenné in Slovakia.
Albis said altogether the
moves will add a total of 60,000 tonnes to its global annual compounding capacity – 15,000 tonnes in Europe, 30,000 tonnes in the new JV, and 15,000 tonnes from the Duncan engineering com- pounds investment. ❙
www.albisbarnet.com
Total launches PCR recycled HDPE
Total’s new PCR HDPE will be produced at its Antwerp facility
Total has launched a new range of HDPE compounds with high levels of post-consumer recyclate (PCR) content for the packaging sector. The company claims the new grades offer
performance equal to or exceeding that of virgin resin. The range consists of natural colour HDPE polymer products containing 25% or 50% PCR content. Total said in a statement that it expects to have 20,000 tonnes/year of capacity onstream by the end of 2017. The PCR content is sourced from household waste
collected in Western European countries, recycled by partner companies, and decontaminated at Total’s Antwerp site to ensure it is odour-free. Total then compounds the recycled resin with virgin HDPE to compensate for any lack of performance and consistency in the PCR. ❙
www.total.com
6 COMPOUNDING WORLD | September 2016 news in brief
❙ Lanxess has raised its earnings forecast for 2016 from EBITDA before excep- tionals of €900-950m to €930-970m, mainly due to good business prospects in the Advanced Intermediates, Performance Chemicals and High Performance Materials segments in 2H. Manage- ment board chairman Matthias Zachert said that the strong operating result “derived especially from increased volumes, leaner cost structures and an improved product mix.”
www.lanxess.com
❙ Polymer additives maker Chemson claims to have developed the world’s first PVC for 3D printing. The result of a two year develop- ment project, 3D Vinyl has been created specifically for manufacturing industry applications. The filament is said to have all the perfor- mance advantages associated with PVC, including durability, UV-resistance and fire resistance.
www.chemson.com
❙ Korea’s Songwon enjoyed double-digit year-on-year growth in Q2 and 1H 2016 as a whole. In 1H, consolidated sales were up 15.3% on 1H 2015 at KRW362.1bn (€287m), while gross profit advanced by 76.8% to KRW99.2bn (€79m). Gross profit margin was up from 17.9% to 27.4%. Volumes were ahead by more than 10%, but sales grew faster, due in part to the weak Korean currency.
www.songwon.com
www.compoundingworld.com
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