NEWS
Avient exits distribution Toray takes bio-route
Avient Chairman, President, and CEO Robert M Patterson
Avient Corporation has entered into a definitive agreement to sell its distribution business to an affiliate of investment firm HIG Capital for $950m, subject to regulatory approval. The company had said back in April that it was exploring a sale in connection with its agreement to buy the protective materials business of DSM, including its Dyneema brand. That deal was recently completed. “As expected, there were multiple buyers interested in acquiring the distribution business, and it was a competitive process,” said Avient Chairman, President, and CEO Robert M Patterson. “The sale of the Distribution business and acquisi- tion of DSM Protective Materials represent the next steps in our specialty transformation that began over a decade ago.” The company said after-tax proceeds from the distribu- tion sale of approximately $750m will be used to pay down near-term maturing debt. �
www.avient.com
Covestro ups PC recycling in Asia
Covestro has detailed plans for a first dedicated line for production of mechanical recycled PC compounds at its integrated site in China and conversion of an existing line in Thailand to recycling post consumer PC. When commissioned in
2023, the line at Shanghai in China will represent an investment of more than €27m and will be capable of delivering more than 25,000 tonnes/yr of high-quality PC
compounds and blends. The company said it will address demand from the electrical and electronic, automotive, and consumer goods sectors. Covestro also plans to
repurpose an existing compounding line at its Map Ta Phut site in Thailand to handle post consumer recycled PC by the end of 2022. “The new developments in China and Thailand are
not only about investing in capacity increase, but also about improving our capability to produce more products with higher recycled content and more consistent quality,” said Dr Nicolas Stoeckel, Covestro’s Head of Operations in Engineering Plastics. Covestro’s PCR polycar-
bonates — Makrolon R and Bayblend R — contain up to 75% recycled content. �
www.covestro.com
to PA
Toray Industries has developed what it de- scribes as the world’s first 100% bio-based adipic acid. The raw material for PA66 is produced from sugars derived from inedible biomass. Toray said it has discov-
ered microorganisms that produce an adipic acid intermediate from sugars and has reconfigured the metabolic pathways to enhance production efficiency and streamline synthesis through genetic engineering. Quantity of the interme-
diate synthesised by the microorganisms has increased more than 1,000-fold since the initial discovery, according to the company. Unlike the manufactur-
ing processes for petrole- um-derived adipic acid, Toray says its bio-adipic acid production is free of dinitrogen monoxide emis- sions. �
www.toray.com
New LNP grades target ceramics in antennas
SABIC has launched two new LNP Thermocomp grades claimed to offer a more effective alternative to ceramics in production of automotive Global Navigation Satellite Systems (GNSS) antenna components. According to the company, the
Thermocomp ZKC0CXXD and ZKC0DXXD grades enable an improve- ment in signal gain over current ceramic materials due to their ability to accept more complex antenna patterns.
8
“Our new LNP Thermocomp compounds can help antenna manufacturers achieve superior signal gain…They also provide flexibility to produce smaller parts with the same performance as ceramic, or equal-size parts with better performance,” said Joshua Chiaw, Director, Business Manage- ment, LNP & Noryl at SABIC. The new grades provide a high dielectric constant and low dissipation
COMPOUNDING WORLD | September 2022
Left: SABIC’s new LNP Thermocomp grades are said to challenge
ceramis in GNSS antenna designs
factor as well as electroplating capabil- ity and good thermal resistance. They are suitable for production of fin-style and conformal antenna designs. �
www.sabic.com
www.compoundingworld.com
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IMAGE: AVIENT
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