NEWS
MAIP acquires Bio-On
Architect’s image of Domo’s new Technyl compounding plant in China Domo expands in Asia
Domo has broken ground for a new compounding plant at Haiyan in China, where it aims to start production of its Technyl polyamide-based grades early in 2024. The Haiyan plant repre- sents an investment of €14m and covers a total area of 40,000 m². It will eventually provide a capacity of 50,000 tonnes/yr and will be equipped with the latest production
technology to meet cus- tomer needs and Domo’s own innovation and sustain- ability goals. The plant will be the company’s second com- pounding operation in China; it has produced other PA compounds at a manufacturing facility at Jiaxing since 2016.
Domo has also signed a manufacturing contract with Mika, a South Korean plastic compounder and distribu-
tor, allowing it to produce its Technyl PA6 and AP66 compounds. “With this partnership, we will be closer to our Korean customers and thus able to serve them more quickly and efficiently, with a clear focus on sustainability and innovation for the e-mobility market,” said Domo Asia Pacific General Manager Fabrizio Coch. �
www.domochemicals.com �
www.mikacorp.co.kr
ECHA publishes FR strategy
The European Chemicals Agency (ECHA) has pub- lished its Regulatory Strategy for Flame Retard- ants, which primarily focuses on potential restriction of the use of some brominated products.
The strategy suggests a “wide and generic restric- tion” of aromatic brominat- ed flame retardants is the most appropriate regulatory approach but says more data is needed before considering restriction
proposals on aliphatic brominated types (with the exception of reactive aliphatic BMP and TBNPA, where it says restriction on industrial use could be considered). �
www.echa.europa.eu
Italian compounder and plastics materials distribu- tor MAIP Group has acquired the bankrupt PHA bioplastic producer and technology licensor Bio-On.
Bio-On was founded in 2007 and claimed a PHA production capacity of 1,000tpa at Castel San Pietro Terme close to Bologna. It was declared bankrupt in 2019 following publication of a critical analysis of its financial statements by US hedge fund Quintassential, which prompted a collapse in its share value and an investi- gation into the actions of a number of the company’s directors by the Italian financial authorities. Several court cases are pending. MAIP Group is making the acquisition via a new investment vehicle called Haruki, which is 75% controlled by MAIP Compounding and 25% by Plastotecnica (both part of MAIP Group). It says Haruki has been set up with intitial assets of around €20m to begin the process of recovery and restarting the former Bio-On plant. �
www.maipsrl.com
M Holland offers PCR resins from Lavergne
M Holland has agreed a partnership with Lavergne to distribute the latter’s certified PCR resins.
“Sustainability is a primary focus for the plastics industry, and the demand for PCR resins has acceler-
10 COMPOUNDING WORLD | April 2023
ated in recent years,” said Samantha Stone, Global Sourcing Leader, Sustainability, at M Holland. “Our partnership with Lavergne will help meet the demand for PCR resins for our clients in North America, where
there is currently no viable solution.” Lavergne has manufacturing sites at
Montreal in Canada, as well as Bel- gium, Vietnam and Haiti. �
www.mholland.com �
https://lavergne.ca
www.compoundingworld.com
IMAGE: DOMO CHEMICALS
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