NEWS
Silon to focus on compounds
Czech Republic-based Silon is to sell its Tesil Fibres business to Latvia’s PET Bjalta. The move leaves Silon 100% focused on produc- tion and development of performance polyolefin- based compounds. “After a series of consulta- tions and extensive market research, we decided that the best course for the fibre division would be to find a respected strategic partner who can further develop it,” said Silon CEO Šuchrat Saidov. “Silon Group will now concentrate all growth and development efforts to compounding business.” Silon produces a broad
range of technical polyole- fin compounds for applica- tions such as cable and pipe, including mineral and fibre filled and PEX grades. It also offers toll com- pounding services. Earlier this year, it
expanded its capacity by 15,000 tonnes/yr with the commissioning of a new compounding line with two co and counter rotating extruders. Tesil Fibres has been part
of Silon since 1966. It has a PET staple fibre capacity of around 33,000 tonnes/yr and achieved sales last year of around €27m. �
www.silon.eu
Styrolution steps into modifiers
Ineos Styrolution has announced the introduction of an all-new product portfolio dedicated to polymer modification. The new modifier line comprises a set of powder grades that can modify selected product properties, ranging from enhancing stiffness to improving long-term heat exposure, colour fastness and impact resistance. “For many applications, I
expect our new modifiers to become a game changer,” said Dr Eike Jahnke, Vice President Specialties EMEA at the company. “For example, one benefit of
www.compoundingworld.com
styrenics is its low density. Additional cost is compen- sated not only by the performance improvement, but also by the lower density of the modifiers in compounds or blends.” n In a separate announce- ment, Ineos Styrolution said it has entered into an agreement for the sale of its 61% shareholding in Ineos Styrolution India to Shiva Performance Materi- als. Shiva said the purchase will expand its product portfolio and give it a market leading position in ABS and SAN in India. �
www.ineos-styrolution.com �
www.shivaperformance.com
info@lesunscrew.com
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