NEWS Akro-Plastic growing in China
Feddersen Group subsidiary Akro-Plastic broke ground at its new 20,000m² com- pounding plant on the Binjiang Industrial Park in Changzhou, China, last year. Production of the first compounds at the site,
Left: Wilfried Jobst, Managing Director of AKRO Engineering Plastics (Suzhou)
which will operate as Akro-Plastic Engineering Plastics (Changzhou), is due to start in 2021. Akro-Plastic began manufacturing in China in 2005 at Tongli and relocated that to Wujiang in 2010. With demand growing, the company decided to build a new production site last year. The main custom-
Magnifin expansion approved
The board of Magnifin Magnesiaprodukte has approved preparatory work for the construction of a second production site, following completion of a feasibility study. The company said the new site will
produce the same portfolio of magnesium hydroxide products as the existing facility at Breitenau in Austria. It produces grades of coated and uncoated magnesium hydroxide
for a wide range of plastic and TPE applica- tions, including data cables, automotive wire and cable, engineering thermoplastics and construction foils.
Magnifin is a 50-50 joint venture between
J.M. Huber’s Martinswerk subsidiary and Veitscher, which is part of the RHI Magnesita group of companies. �
www.hubermaterials.com
Albis adds resources in the US
Germany-headquartered compounder Albis Plastics has added additional product development resources at its US site at Duncan, in South Carolina. “Investing in our development process here in the US enables us to respond even faster to customer demands for local grades,” said Albis Plastics Regional CEO Stefan Fuhlendorf. The Duncan facility houses a dedicated small lot line for
product development purposes and a fully-equipped on-site A2LA and ISO17025 accredited laboratory. The US-based development team will be supported by the company’s formulation experts in Germany. �
www.albis.com
ers for the new facility will be in the automotive, electrical and electronics sectors, it said.
“I am convinced that [the new plant] will open another very promising chapter for us in China”, said Wilfried Jobst, Managing Director of AKRO Engineering Plastics (Suzhou). �
www.akro-plastic.com
Orbia
considering vinyl options
Orbia Advance Corpora- tion – the new name for Mexichem – said it was considering a potential sale of its Vinyl business unit, which includes Vestolit.
“In line with our long-
term strategy, Orbia is in the process of analysing potential divestment alternatives or strategic alliances with respect to our Vinyl business, without, to date, having any certainty or approval of the execution of any transac- tion,” the company said in a statement. The Vinyls unit gener-
Albis Plastics Regional CEO Stefan Fuhlendorf
ated sales of around $2.5bn in 2018. �
www.orbia.com
Biffa invests £27.5m in UK PET bottle recycling
Biffa officially opened its £27.5m plastic bottle recycling facility at Seaham in the north east of the UK last month, where it re- vealed a further £7m
6
investment in a plastic tub and tray recycling unit at nearby Washington. The Seaham plant can
recycle 57,000 tonnes/yr of PET, or 1.3bn bottles, into
COMPOUNDING WORLD | February 2020
high-purity pellets suitable for food and beverage packaging and clothing applications. It is expected to generate annual revenues of around £40m.
The new Washington facility will be built in the next 12 months and will be sized to handle about 20,000 tonnes/yr. �
www.biffa.co.uk
www.compoundingworld.com
IMAGE: AKRO-PLASTIC
IMAGE: ALBIS
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