NEWS
Ascend moves in
Mexico PA66 specialist Ascend Performance Materials is to buy Mexico-based compounder DM Color Mexicana, based at San Jose Iturbide, to reinforce its position in the Latin American market. DM Color Mexicana, a joint venture between Dainichiseika and Mitsubi- shi Corp, provides toll compounding and manufactures colour and additive masterbatch. Ascend said the deal is expected to close in the second quarter of 2022. Financial details have not been disclosed. “We continue to invest
in and grow our engi- neered materials business with a focus on regional production,” said Phil McDivitt, Ascend President and CEO. “This acquisition
establishes our footprint in Latin America and allows us to produce our world-class materials closer to our global customers,” he said. �
www.ascendmaterials.com
Above: Buying Lanier gives Teknor Apex a position in PVC colour concentrates Teknor buys Lanier Color
Teknor Apex has bought Gainesville, GA, US-based Lanier Color Company, a supplier of colour concen- trates (masterbatches) and specialty compounds with a particular focus on the North American building and construction sectors. The move gives Teknor
Apex a presence in the PVC colour concentrate market while strengthening its established position in
specialty compounds for the construction sector. It also provides it with improved access to key markets and customers served by Lanier. “Lanier Color Company’s focus on superior quality and customer centricity directly aligns with our approach,” said Suresh Swaminathan, President of Teknor Apex. “This acquisition comes on the heels of the acquisition of Dorum Color this past
August and will help us further accelerate our strategic objectives while giving our customers access to a greater level of diversi- fied products and solutions.” Lanier will continue to
operate from its current location and will work in coordination with Teknor Color’s current manufactur- ing locations in Kentucky and Texas. �
www.teknorapex.com.
Borouge 4 project signed off
ADNOC and Borealis have signed a strate- gic agreement to build the fourth Borouge facility at the polyolefin manufacturing complex in Ruwais, UAE. The Borouge 4 facility will comprise an ethane cracker with 1.5m tonnes/yr of ethylene output; two additional Borstar PE
plants each with 700,000 tonnes/yr capacity; a 100,000 tonnes/yr XLPE plant; and a hexene-1 unit producing co-monomers for certain grades of PE. The project represents a $6.2bn investment. �
www.borealisgroup.com �
www.adnoc.ae
Milliken adds viscosity modifiers for rPP
Deltaflow viscosity modifiers from Milliken
6 COMPOUNDING WORLD | December 2021
Milliken has launched the DeltaFlow line of viscosity modifiers for PP recycling. Supplied in easy-to-handle free-flowing pellet form, they can be used to increase the melt flow rate of recycled PP (rPP) in both extrusion and injection moulding processes. “DeltaFlow-optimised resins allow for lower processing temperatures, which can enable converters to reduce cycle times, boost productivity and improve processability,” Milliken said. They can also facilitate the replace- ment of virgin PP with rPP in many applications, the company said. Deltaflow additives are currently produced in Germany in concentrations of
2%, 5% and 10% to meet varying applications and equipment requirements. �
www.milliken.com
www.compoundingworld.com
IMAGE: MILLIKEN
IMAGE: TEKNOR APEX
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