NEWS LG and Cabot invest in CNTs
LG and Cabot are expanding their positions in carbon nano- tubes (CNTs) with the former announcing new production capacity and the latter acquiring Chinese producer Shenzhen Sanshun Nano New Materials. LG Chem is to invest KRW65bn (€121m) to expand carbon CNT capacity at its site at Yeosu in Korea from 500 tonnes/yr to 1,700 tonnes by Q1 2021. The move is largely driven by growth in demand for CNTs in electric vehicle batteries, which is projected to increase from 3,000 tonnes in 2019 to 13,000 tonnes in 2024. The company claims to be the world leader in this market. LG Chem began development of its
proprietary CNT technologies in 2011 and built a 20 tonne pilot production
Lactips
wins €13m funding
Lactips, a French company that claims to have developed a fully bio- based and biodegradable water-soluble polymer, has raised €13m in a new financing round. The company will use the new funding to ramp up its product develop- ment and specifically “to accelerate the industriali- sation of its plastic pellets and films to offer a wider selection of fully biode- gradable and recyclable biosourced packaging”. It also plans a new produc- tion plant on a 2,500m2 site in the Gier Valley, south west of Lyon. �
www.lactips.com
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completed its $115m acquisition of Shenzhen Sanshun Nano New Materials (SUSN) in April. The company, which makes carbon nanotubes (CNTs) and disper- sions in China, recorded sales of $28m in 2019 and will be integrated into Cabot’s Perfor- mance Chemicals segment. Cabot said that the move
CNT investment is being underpinned by growing EV battery demand
line in 2013. It currently holds more than 250 patents in CNT-related fields and claims the world’s largest fluidised bed reactor for their production in various forms. Meanwhile, Cabot Corporation
makes it the only carbon additive supplier with commer- cially proven carbon black, CNT, carbon nanostructure and dispersion capabilities. It said the move “signifi- cantly strengthens” its position and formulation capabilities in the batteries market, particularly in China, which is the largest and fastest growing electric vehicle market in the world. �
www.lgchem.com �
www.cabotcorp.com
Collin launches P 2.0 series
Collin Lab & Pilot Solutions has launched its P 2.0 series compounder. The Lab Line ZK 25 P is claimed to offer 25% higher performance, with a speed of 1,200 rpm and a torque of 13 Nm/cm3 allowing processing of highly viscous or highly filled materials. The series is available
with processing lengths of 36 to 60D and can be configured with multiple side feeders with gravimet- ric or volumetric dosage. It can be provided with either mechanical or optional motor-driven height adjustment, allowing easy integration with other equipment, while the screw can be pulled out back- wards without having to change the position of the
COMPOUNDING WORLD | June 2020
P 2.0 Series compounders are claimed to lift performance by 25%
compounder, which the company says makes cleaning easier. The machine can be equipped with the com- pany’s new CMI 17 control- ler, which offers a number of intelligent features including plug-and-play connectivity.
“Exchangeable cylinder elements with coded plugs can be arranged in nearly any order, since the control recognises the respective function via the coding,” said CEO Dr Friedrich Kastner. �
www.collin-solutions.com
www.compoundingworld.com
IMAGE: SHUTTERSTOCK
IMAGE: COLLIN LAB & PILOT SOLUTIONS
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