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NEWS


China’s Poly Plastic orders 28 Maag pelletising lines


Chinese masterbatch producer Poly Plastic Masterbatch (Suzhou) has placed a major order for pelletising equipment with Maag as part of an upgrade of its 27,000m2


plant at


Suzhou. The contract includes 28 pelletising systems with a combined throughput of 25,000kg/h. It includes two automatic Jet Stream systems, 6 EBG conveyor belt systems with Baoli S dry-cut strand pelletisers and 20 WSG water bath lines with Primo E dry-cut strand pelletisers. The equipment will be installed in the second quarter of next year. Poly Plastic Masterbatch


(PPM), which was set up in 2002, specialises in the development and manufac- turing of PET, PA and additive masterbatches used for dope dyed yarn. Its product range includes colour, black, additive and delustre masterbatches for fashion, sport fabric and carpet application. The company operates from two production


Hromatka buys into Guzmán


Poly Plastic Masterbatch Gerneral Manager Yiming Xu (left) with Maag China Sales Manager Band Chen


locations, at Suzhou and Siyang, and has a total production capacity of around 37,000 tones, placing it among China’s leading masterbatch producers. PPM is a new customer for Maag. The machinery manufacturer said PPM selected it because its equipment met its high demands for machine and pellet quality and could supply and support all the different pelletising tech- nologies from its operation at Shanghai. n Maag Group has also strengthened its digital


capabilities with the purchase of Germany-based XanTec, a manufacturer of advanced industrial control systems used in production plants, pelletising systems and extruders. Group president Ueli


Thuerig said: “This acquisi- tion fits perfectly with our strategy to strengthen our digital capabilities. It is also, he added, “aligned with our goal to continue expanding our portfolio with industry- leading systems and solutions”. � www.maag.com � www.ppm-sz.com


Austria’s Hromatka Group, a family-owned business that distributes thermo- plastics across C&E Europe and makes the SAX line of polymer compounds, is to buy a majority stake in Guzmán Polymers of Spain. This includes Guzmán’s international subsidiaries and 50% stake in Augusto Guimarães & Irmao in Portugal. Based in Valencia and


part of Guzmán Global, which is also family-owned, Guzmán Polymers employs 125 and turns over about €180m annually through distribution of around 80,000 tonnes/year of plastics in Southern Europe. It has worked with Hromatka for 15 years. Hromatka said the move


will expand the geographi- cal scope of its distribution business. It said the fit between them is fully complementary. New York-based investment bank DC Advisory advised Guzmán Global. � www.hgmag.chwww.guzmanglobal.com


Conventus Polymers extends its offering


Conventus Polymers is to distribute Evonik’s Vestakeep PEEK compounds for all industrial applications in the US and Canada. It will also handle the EMS-Grivory range of specialty polyamides in the US and Canada. The Evonik agreement includes wire and cable, automotive, defence, electrical and aerospace but not the medical and healthcare portolio.


10


Vestakeep compounds are said to offer a combination of properties including chemical, temperature and abrasion resistance, lubricity, high rigidity, low weight and versatile processability. The EMS-Grivory grades are based on amorphous, cycloaliphatic, long- chain PA12, PA1010, PA612, PA610, partially aromatic and polyphthalamide (PPA) chemistries. Conventus will be


COMPOUNDING WORLD | September 2020


targeting primarily injection moulded non-automotive metal replacement of zinc and die cast structural compo- nents, as well as applications requiring high transparency, chemical resistance, and toughness. Target application sectors include electrical, plumbing, oil and gas, consumer, healthcare, and lighting. � www.conventuspolymers.com


www.compoundingworld.com


IMAGE: MAAG


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