NEWS
Clariant expects growth
According to Clariant’s 2024 results announce- ment, sales were $4.66bn, down 3% on 2023, while group EBITDA increased by 8% to $738m over the same period. Care Chemicals sales
decreased, while increased volumes in Personal & Home Care and Industrial Applications contributed positively. Conrad Keijzer, CEO of
Clariant, said: “For 2025, we expect modest growth, underlying margin im- provement, and continued delivery of cost savings, resulting in improved cash generation.”
Despite challenging
market conditions and macroeconomic risks and uncertainties, he said the group remains on track to meeting its medium-term targets. �
www.clariant.com
PTi announces latest twin screw extruder
US extrusion machinery supplier PTi said it is evolving its High Vacuum Twin Screw Extrusion (HVTSE) brand to align with the current line-up of extruders, with the emphasis placed on its significance as a Super-G Twin Screw Extruder with Multi-Resin capabilities (SGTSE MultiRESN). PTi’s HVTSE line has been
a frontrunner in dryerless extrusion technology for some time. The SGTSE MultiRESN model has been in production for over two years, but constant improve- ments have been imple- mented over time to help meet industry demands and processing capabilities. Maintaining the premise
of fully intermeshing co-rotating, self-wiping screws, with high vacuum venting for the elimination of the crystallising and drying processes, the
PTi’s SGTSE MultiRESN 90mm twin screw extruder with die assembly
company says the new model outperforms its contemporaries in terms of operating performance, energy efficiency, and sustainable utilisation of resources.
It is capable of process- ing a variety of virgin, post-consumer, post-indus- trial resins and flake, including PET, PLA, PP, PS, PE and blends, without first having to crystallise, dry, or change screws. PTi says energy-efficient
designs target sensible production rate ranges with increased efficiency ratings of over 20%, while the newly-configured square barrel design results in heat-up times being reduced by as much as 30%. Further- more, the starve-fed system means blends, colours, and quick change-overs can be accomplished “on the fly” and in as little as 20 mins, reducing downtime, mainte- nance, and startup times. �
www.ptiextruders.com
Songwon enjoys sales upturn in 2024
South Korean speciality chemical supplier Songwon reported consoli- dated sales of $692m in 2024, a 3.9% rise compared to 2023, ending the year with a net profit of $31.5m, 29.4% higher than the previous year. The Industrial Chemicals division saw an increase in revenues of 4.3% compared to 2023, while the Perfor- mance Chemicals division (which includes PVC stabilisers and plasticis- ers) reported an increase of 2.7% over the same period.
Songwon said 2024 was another challenging year for the industry, with uneven demand across segments
6 COMPOUNDING WORLD | April 2025
following the downturn in 2023 caused by unfavourable market conditions and price competition. The company experienced a
particularly slow start to the year when fluctuating market conditions created significant headwinds. However, demand began to improve in the second quarter and a strong finish to the year helped offset any losses. Looking ahead, the Songwon said it
anticipates continued political instabil- ity and increased uncertainty across various regions and intends to persist with its current strategy. �
www.songwon.com
www.compoundingworld.com
IMAGE: SONGWON
IMAGE: PTI
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