NEWS
DuPont to divest ETPs; Lanxess restructuring
DuPont and Lanxess have both announced plans to separate their respective engineering plastics units from their core businesses. The two companies are both major producers of PA 6 and 66 resins — DuPont invented PA in 1935 —and other engineering polymers. DuPont intends to divest a substantial part of its Mobility & Materials division, including its Engineering Polymers and Performance Resins lines of business as well as the company’s stake in the DuPont Teijin Films joint venture. The product brands to be sold include Zytel PA, Delrin POM, Hytrel TPE, Crastin PBT, and Vamac ethylene acrylic elastomers. The businesses being sold by DuPont represent $4.2bn in revenue and $1.0bn of operating EBITDA based on full year 2021
structure. HPM employs around 1,900 people at 14 sites worldwide. The main HPM brand products are Durethan PA materials, Pocan PBT and Tepex thermoplastic fibre composites. Hubert Fink, member of
Above: DuPont CEO ED Breen wants to focus company on high growth markets
estimates. Ed Breen, DuPont Chairman and CEO, said: “We are sharpening our focus on high-growth, high-value opportunities in sectors with steady long- term secular growth trends.” Meanwhile, Lanxess plans
to transfer its High Perfor- mance Materials (HPM) business unit to an inde- pendent legal corporate
the Board of Management at Lanxess, said: “The global market for new forms of mobility is developing very dynamically…In order to get the most out of the growth opportunities in this market and to be able to act flexibly, we will create a separate legal structure for the [HPM] business unit.” In September, DSM said it was looking to sell its Engineering Plastics business, which produces Akulon PA6/PA66, Stanyl PA46, EcoPaxx PA410, Arnite PET/PBT, Fortii PPA4T, and Xytron PPS. �
www.dupont.com �
www.lanxess.com
IN BRIEF...
ExxonMobil has made a final investment decision to proceed with a new petrochemical complex in the Dayawan Petrochemi- cal Industrial Park at Huishou in China’s Guang- dong province in China. The project includes a flexible feed steam cracker with a nameplate capacity of about 1.6m tonnes/year, three performance PE lines, and two differenti- ated performance PP polymerisation lines.
www.exxonmobil.com
Evonik will launch a series of new plasticiser products based on isononanol (INA) next year. Branded Vestinol 9 and Elatur CH, they will be produced at the group’s largest site at Marl in Germany, which will be updated to make the new grades. Key applications include flexible PVC products such as cables, flooring and roofing membranes.
www.evonik.com
Röhm invests in Plexiglas compounds unit
Röhm has announced plans to invest a “double-digit million amount” to expand production of PMMA moulding compounds at its site at Worms in Germany by Q3 2023. The investment will also include optimisation of the
Worms production process and application of energy efficient processing systems. It follows the announce- ment in June of plans for a large-scale MMA plant on the US Gulf Coast. Röhm supplies PMMA moulding compounds under
the Plexiglas brand in Europe and the Acrylite name in the Americas. They find uses mainly in the automotive, construction, lighting and domestic appliances markets, offering durability, weather and UV resistance, colour fastness, transparency, and scratch-resistance. �
www.roehm.com
12 COMPOUNDING WORLD | December 2021
www.compoundingworld.com
Röhm is increasing PMMA compound capacity at Worms in Germany
IMAGE: DUPONT
IMAGE: RÖHM
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