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NEWS


Indorama to acquire Invista unit


Thailand’s Indorama Ventures (IVL), which has facilities in 30 countries worldwide, has agreed to buy Invista Resins & Fibres in a deal that will signifi- cantly expand its position in barrier resin technologies. Invista owns a PET manufacturing facility at Gersthofen, Germany, with a capacity of 282,000 tonnes/yr, where it produces Polyshield PET and Oxyclear Barrier PET for oxygen barrier packag- ing. The deal includes global IP rights. � www.indorama.net


Compound Company takes stake in Transmare


The Compound Company, which is based at Enschede in the Netherlands, has acquired a controlling stake in fellow Dutch specialist toll compounder Transmare Compounding. “This is yet another building block in our growth strategy,” said Simon Put, Managing Director of The Compound Company, which is best known for the EcoForte range of custom- ised thermoplastic com- pounds and Yparex extrud- able adhesive resins. It is the latest in a series of recent investments; the


company has expanded operations into South-East Asia and built an additional compounding plant in Enschede. “It strengthens our position as a speciality compounder in Europe, add- ing new products, extra capabilities and valuable people with scarce com- pounding skills to the group. The combination will provide critical mass to our EcoForte portfolio and extra capacity for our custom compound- ing partners,” Put said. Transmare produces a wide variety of compounds


and masterbatches on a toll basis at its Roermond site. Compound Company said it will continue to operate as a stand-alone company with technical and financial support from its new owner. Henk-Jan Aarsen will retain a minority stake in Transmare. Stijn van den Brekel has been named as the new General Man- ager while Peter Wolf, former CEO and sharehold- er, has taken over the group’s trading activities, Transmare Distribution. � www.thecompoundcompany.com � www.transmarecompounding.com


SABIC marks 70 years of LNP compounds


December marked the 70th anniversary of SABIC’s LNP performance compounds business, which the com- pany celebrated with a technical summit in Taipei in Taiwan that attracted more than 130 customers. Originally established at Malvern in Pennsylvania in the US in 1948 producing PTFE powdered com- pounds, the LNP business has gone on to develop one of the broadest ranges of engineering compounds, including lubricated, fibre reinforced, thermally and electrically conductive grades and LFTs. Part of SABIC since 2007, LNP has had several owners over the years including GE, ICI and Kawasaki Steel but the traditional LNP is still intact, according to Joshua


8


SABIC marked the 70th


anniversary of LNP last month


ensure customers are supported wherever they are located.


He said LNP benefits


Chiaw, Director Business Management LNP SABIC. “We are very much custom- er focused and, looking at the trend in the projects we are working on, we would say even customer ob- sessed,” he said. “The LNP portfolio


reflects a strong history of working closely with customers to develop materials that meet their


COMPOUNDING WORLD | January 2019


needs — and also showing customers that novel high performance materials can sometimes meet a need they didn’t even know they had,” he said.


Chiaw said almost 70% of


LNP’s business is custom compounds developed to solve specific customer issues. Three global techni- cal centres and more than 10 manufacturing locations


from SABIC’s strength in polymers but is not restrict- ed to using its materials, although it is currently developing a range of PC copolymer grades to leverage SABIC’s strength in that area. These, however, will be marketed under LNP’s established brands. “LNP has been around


for 70 years and we continue to do what we do with our compounding solutions approach. The SABIC brands… compete in very different markets to where we are. We are customer centric and focus on unique customer requirements,” he said. � www.sabic.com


www.compoundingworld.com


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