NEWS
Trinseo to close site in Germany
US-based polymer producer Trinseo said it plans to close its polycarbonate (PC) production site in Stade, Germany, and in future will obtain all the PC it needs for its downstream businesses through external purchases. The action is expected to increase annual profitability by $15m. “Unfortunately, we continue to see demand soften, and price declines due to the oversupply caused by offshore produc- ers pushing material into the EMEA market,” said CEO, Frank Bozich. “We anticipate these conditions to continue in 2024 and beyond. Additionally, our fixed operating costs at Stade are significant, placing a further strain on our financial viability at this location.” The company said it is
committed to the integra- tion and application of modern recycling technolo- gies, such as PC dissolution and depolymerisation, to help customers develop more sustainable product offerings and is exploring options for viable locations for recycling plants that meet customer needs. �
www.trinseo.com
Geon grows with plant expansion in Mexico
Performance polymer compounds manufacturer Geon Performance Solu- tions has announced plans for a $1.3m expansion of its Ramos Arizpe, Coahuila, Mexico, site which will add a production line and up- grade existing resources for polyolefin compound manufacturing. As one of Geon’s four
Technology Centres of Excellence, the Ramos Arizpe facility currently has a range of in-house technical resources and integrates with the company’s Global Solutions Centre in Avon Lake, OH, US. The company says it provides a location for its teams to collaborate closely with customers to develop materials, applica- tions and manufacturing plans, as well as generate other opportunities. The facility is ideally
positioned to provide reliable solutions to custom- ers, including original equipment manufacturers and Level 1 and Level 2 suppliers. The expansion, expected to be completed this year, will add more than 5,400 tonnes of capacity to the group annually. “On the heels of our
recent acquisition of Polymax, which expanded our portfolio to add thermo- plastic elastomer technol- ogy, we are excited to now
announce the capacity expansion in Ramos Arizpe, Mexico,” said Geon Chief Commercial Officer, Wendy Herbst. “Both are key components of our strategy to expand our solution offer- ings geographically and within our markets.” Geon acquired Polymax in December 2023. The company has two full-ser- vice manufacturing sites in Nantong, Jiangsu, China, and Waukegan, IL, US. �
www.geon.com
Celanese to shut Belgian plant
Celanese is to close the engineering materials compounding operation at Mechelen in Belgium it acquired from DuPont in November 2022. The move is designed to optimise costs. Production is set to
permanently cease by the end of September. As a result of the closure the company expects to record expenses, excluding employee termination costs, of $60-75m, consisting primarily of accelerated
depreciation of fixed assets and other facility-related shutdown costs. The company is also in the
process of closing its PA66 and HPN polymerisation units in Uentrop, Germany. �
www.celanese.com
Riverdale Global plans new US facility
Riverdale Global, which specialises in liquid colour management, has announced a satellite location in Grafton, WI, US. The 11,000 m² facility will service
6 COMPOUNDING WORLD | April 2024
local customers and serve as the new Color Research and Development Laboratory, outfitted with the latest advanced liquid colour equipment. The company says the new lab will
expand the company’s development and colour match capabilities and bring colour matching closer to local customers. �
https://riverdaleglobal.com
www.compoundingworld.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54
