NEWS
Foster Corp’s new building will expand production capacity by 80%
Magnifin considers second site
Foster Corp adds more compounding capacity
US specialist medical compound producer Foster Corporation has broken ground on a new 5,182m2 manufacturing facility adjacent to its headquarters building at Putnam in Connecticut. The value of the
investment has not been disclosed but a spokesperson for the company said the scheme would add 65% to the space at the site and expand its production capacity by 80%.
The project is expected to be complete by November of this year. According to the company, the expansion is driven by the ongoing growth in its compounding and distribution businesses. It will include more compounding equipment, will expand the company’s ‘clean compounding’ capabilities, and will provide it with additional space to hold more inventory for its growing distribution
activities. “The new building will not only allow our growth to continue, but it will also allow us to grow in new markets where we haven’t been able to compete in the past, including larger volume medical applications,” said Foster Corp CEO and owner Larry Acquarulo. He said the company plans to invest heavily again over the next five years or so. �
www.fostercomp.com
Magnifin Magnesia- produkte is to carry out a detailed engineering study that is intended to lead to construction of a second production site to address growing global demand for its halogen-free magnesium hydroxide flame retardants. The company is a 50-50 joint venture between JM Huber’s Martinswerk and Veitscher, part of RHI Magnesita. Production is currently located at a site at Breitenau, Austria. Magnifin’s halogen-free
materials are used in a wide range of polymer compounds, most notably thermoplastic materials and elastomers requiring processing temperatures in excess of 200°C. �
www.hubermaterials.com �
www.rhimagnesita.com
Neste/LyondellBasell make bio-based POs
Neste and LyondellBasell are claiming the world’s first parallel commercial scale production of bio-based PP and LDPE. The move was an- nounced as part of a project using Neste’s renewable hydrocarbon feedstocks, which are derived from sustainable bio-based raw materials such as waste and residue oils, at Lyondell- Basell’s production site at Wesseling in Germany. The collaboration yielded “several thousand tonnes” of material, which were third-party tested and shown to
10 The resins are approved
for production of food packaging; Melitta subsidi- ary Cofresco, a producer of household films, has bought and used some of the polymers.
“It is very satisfying to see Polyolefins produced using Neste’s renewable feedstocks
contain over 30% renewable content. LyondellBasell is marketing them as Circulen and Circulen Plus, its new circular economy product brands.
COMPOUNDING WORLD | July 2019
Neste’s renewable hydrocar- bons performing perfectly in a commercial scale production of bio-based polymers, providing a drop-in replacement option
to fossil materials,” said Neste’s President and CEO Peter Vanacker. �
www.neste.com �
www.lyondellbasell.com
www.compoundingworld.com
PHOTO: FOSTER CORP
PHOTO: NESTE
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