NEWS
Expansion for siding
facility US-based CertainTeed Siding has invested US$28 million to expand produc- tion at its facility in William- sport, Maryland. The facility, which employs more than 300 people, will take on more than 50 new people in the short term. The expansion will add
warehouse space, allowing the company to create a centralised distribution site for all products. With it, the company will be able to deliver multiple Certain- Teed products in a single truckload order. In addition, the com- pany will add training and office areas. The expansion is one of
several recent investments by CertainTeed’s parent company, Saint-Gobain. �
www.certainteed.com
Davis-Standard buys Battenfeld-Cincinnati
US-based extrusion equip- ment maker Davis-Standard is to buy Extrusion Technol- ogy Group (ETG) from Dutch investment firm Nimbus. Companies within ETG include Battenfeld-Cincin- nati, Exelliq (formerly Greiner Extrusion) and Simplas. The acquisition is subject to customary closing
conditions. Terms of the deal were not revealed. “Acquiring ETG will be highly complementary to Davis-Standard, and we believe it will allow us to provide a broader and deeper product portfolio to our customers,” said Giovanni Spitale, CEO of Davis-Standard.
Since December 2021, Davis-Standard has been
majority-owned by Gamut Capital Management. Gerold Schley, current
CEO of ETG, said: “We believe this merger will create a best-in-class, diversified global supplier of highly engineered extrusion equipment.” He will join Davis-Stand-
ard and continue to manage the ETG business �
www.davis-standard.com
GF extends lithium extraction
Georg Fischer Piping Systems has extended its cooperation with Sunresin of China in the field of salt lake lithium extraction. It will combine Georg
Fischer’s expertise in piping systems with Sunresin’s ion exchange adsorption technology.
“With this partnership, we
are confident we can drive meaningful progress and positively impact the salt lake lithium extraction industry,” said Joost Geginat, president of GF Piping Systems. Sunresin’s work in adsorption and separation
technology will be coupled with GF solutions, including UPVC and CPVC pipe. Gao Yuejing, chairman of
Sunresin, added: “This strategic cooperation will enable us to create a win-win situation for both companies.” �
www.georgfischer.com
Simona expands production in China
Simona says it has almost doubled production at its facility in Jiangmen, China following an expansion project. “This investment underscores our consistent focus and our confidence in the Asian market,” said Shaobin Wang, CEO Asia-Pacific at Simona. A new building – built over the last 12 months – brings the site’s total production floor space to 20,000 sq m. Production at the new plant is focused mainly on thermoplastic pipes and solid rods for industrial applications. Prototyping, production, warehous- ing and logistics have been brought under one roof, raising efficiency and reducing energy consumption, said the company.
6
Above: Simona will double production with its expansion in Jiangmen Matthias Schönberg, CEO of
Simona, added: “Thanks to the new plant, we will be able to broaden our product portfolio and meet customer
PIPE & PROFILE EXTRUSION | November/December 2023
requirements in an even more be- spoke manner, thus accelerating growth in the region.” �
www.simona.de
www.pipeandprofile.com
IMAGE: SIMONA
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