NEWS Coperion owner buys Milacron
US industrial group Hillenbrand, owner of Coperion and a number of other manufacturing companies, has added Milacron to its portfolio in a cash and stock deal valued at around $2bn. Milacron manufactures injection moulding and extrusion machinery, hot runner and melt delivery systems, and produces a range of fluids for metal processing. The company, which recently disposed of its Uniloy blow moulding machinery business,
Testing add-on at Altana
Specialty chemicals group Altana has bought US- based test equipment maker Paul N Gardner Company. The business will be
integrated into the Instruments Business Line of Altana’s BYK Division (BYK-Gardner) and will continue to operate as Paul N Gardner. Both compa- nies make instruments for assessing colour, gloss and physical quality of surfaces. �
www.byk.com �
www.gardco.com
generated sales of $1.1bn last year. The acquisition strengthens Hillen-
brand’s position in the plastics market, which will include materials handling and conveying systems, compounding technology, pelletising systems, injection moulding machines, hot runners, and both twin and single screw extruders. Hillenbrand President and CEO Joe
Raver said the deal “meaningfully transforms our portfolio and product
offering by adding Milacron’s leading technology solutions and sizable installed customer base to help us drive long-term growth.” The company says that a combina-
tion of manufacturing footprint optimisation and equipment cross- selling opportunities is expected to realise cost savings of around $50m over three years, with a $20-25m target set for the first 12 months. �
www.hillenbrand.com
PC/ABS blend powers ahead
Covestro’s flame retardant Bayblend PC-ABS material is used in the frames and brackets for the lithium-ion battery modules of the E Stall Esslingen racing team’s electrically-powered racing car.
The materials firm first supplied the team – which is led by students at Esslingen University of Applied Sciences and takes part in various events including the Formula Student Germany at Hockenheim Ring – in 2018. The company said it has developed a new blend for this year that offers 10% lower density while still providing the necessary
E Stall Esslingen’s electric race car battery uses Covestro flame retardant PC/ABS
mechanical, electrical and thermal properties and UL94 V-0 flame retardance. n Covestro has added a new R&D tape line and hybrid injection moulding machines in Germany as part of an investment in its Maezio brand of continuous carbon fibre-reinforced
thermoplastic (CFRTP) composites. The tape line is located at the company’s Leverkusen laboratory and will develop new recipes for commercial production at its Markt Bibart facility. The injection machines are located there and in China. �
www.covestro.com
ECHA adds to SVHC Candidate List
The European Chemicals Agency (ECHA) has added four new substances to the Candidate List of substances of very high concern (SVHCs) for authorisation under the REACH regulation. The four new SVHCs include the polymer antioxidant tris(4-nonylphe- nyl, branched and linear)
12
phosphite (TNPP) with 0.1% or more w/w of 4-nonylphe- nol, branched and linear (4-NP). Both types are included for their endocrine disrupting properties. The new additions also include 2,3,3,3-tetrafluoro- 2-(heptafluoropropoxy) propionic acid (HFPO-DA), its salts and its acyl halides.
COMPOUNDING WORLD | August 2019
This is used as a processing aid in the production of fluorinated polymers. The other additions to the list are 2-methoxyethyl acetate (which is not registered under REACH) and 4-tert- butylphenol. Manufacturers and
importers of these sub- stances have until 16
January 2020 to inform ECHA, downstream users and, on request, consumes of any articles containing >0.1% w/w of any of them. If they reach the Authorisa- tion List, permission will be required to continue using them after the specified ‘sunset date’. �
https://echa.europa.eu
www.compoundingworld.com
PHOTO: E STALL ESSLINGEN
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