NEWS
Davis-Standard will acquire Battenfeld-Cincinnati owner
US-based extrusion equipment maker Davis-Standard is to buy Extrusion Technology Group (ETG) from Dutch investment firm Nimbus. Companies within ETG include
Battenfeld-Cincinnati, Exelliq (formerly Greiner Extrusion) and Simplas. The acquisition is subject to customary closing conditions. Terms
Trinseo shuts sheet
facilities Trinseo has closed three of its acrylic (PMMA) sheet plants. The facilities are in Denmark (Bronderslev), Ita- ly (Rho) and the US (Belen, New Mexico). In addition, it has closed a styrene manufacturing operation in the Netherlands. Materials produced at
the three closed PMMA sheet plants will now be made by other Trinseo facilities – primarily Saint-Avold in France, and Florence in the US. Between them, the
closures – and other cost saving measures – are expected to save around US$75 million per year. “Given reduced
European demand – and global styrene capacity additions – we believe we can support our down- stream business through market purchases,” said Frank Bozich, CEO of Trinseo. �
www.trinseo.com
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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 diversified global supplier of extrusion equipment.” He will join Davis-Standard and continue to manage the ETG business. �
https://davis-standard.com/
TPU film expansion in Germany
Covestro has expanded production of Platilon thermoplastic polyurethane (TPU) films at its plant in Bomlitz, Germany. The company has
invested a low double-digit million Euro amount to expand the facility of its subsidiary, Epurex Films. The new capacity will
meet growing global demand for multi-layer TPU films, it says, which are used in applications such as automotive interiors and construction. Breathable, water-impermeable special- ity films are used in wound
IMAGE: COVESTRO
care and outdoor clothing. “With this expansion, we
are strengthening the Bomlitz site and our position as a supplier of technical
speciality films,” said Thorsten Dreier, chief technology officer at Covestro. �
www.covestro.com
Thai PLA plant to start in 2025
NatureWorks says it will begin full production at a new 75,000 tonnes/year PLA plant in Thailand in 2025. The plant will include
three manufacturing facilities: lactic acid fermen- tation; lactide monomer production; and polymerisa- tion. It will produce the full portfolio of Ingeo grades. “The construction is a significant undertaking that
FILM & SHEET EXTRUSION | November 2023
represents our continued investment in the Asia-Pacif- ic region and the expansion of the bio-based materials market,” said Steve Bray, VP of operations at Nature- Works.
He said the new facility will allow the company to satisfy growing demand for its Ingeo PLA in the region. Polymer produced at this site will be made from
sugarcane, sourced from farms within a 50km radius of the Nakhon Sawan site, said the company. Jill Zullo, CEO at Nature-
Works, added: “The market’s evolution has redefined the scope of what we can accomplish, allowing us to think bigger when it comes to our manufacturing expansion.” �
www.natureworksllc.com
www.filmandsheet.com
Covestro’s TPU multilayer films are used in applications such as for wound dressings
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