Ticona posts growth in long-fiber thermoplastics

By Frank Esposito
Senior Staff Reporter

Published: September 21, 2012 6:00 am ET

Related to this story

Topics Materials, Suppliers

FLORENCE, KY. (Sept. 21, 1:20 p.m. ET) — The third quarter of 2012 was a record-breaker for the long-fiber reinforced thermoplastics business of Ticona.

Sulzbach, Germany-based Ticona set production records for LFRT materials during the quarter. The firm makes those materials at plants in Kaiserslautern, Germany; Winona, Minn.; and Nanjing, China.

Production details were not available, but officials said in a Sept. 20 news release that the increased output will help Ticona “meet increasing demand for this metal replacement material in innovative automotive, industrial, electrical and electronic and consumer applications.”

“Ticona is well-positioned to meet the continued global demand of LFRT products by our global customers, thanks to the success of our manufacturing staffs and their great production achievements,” Europe, Middle East and Africa director Bjorn Hofman said in the release.

A new LFRT pilot production line also will open in Kaiserslautern in the fourth quarter, officials added. Late last year, Ticona opened the world’s largest acetal production plant, with more than 300 million pounds of annual capacity in Frankfurt, Germany.

Ticona ranks as the world’s largest acetal maker and produces other specialty resins as well. The business is part of Celanese Corp. of Dallas. In the first half of 2012, Celanese’s Advanced Engineered Materials unit — including Ticona — posted sales of $640 million, down 5 percent from the year-ago period.


Comments

Ticona posts growth in long-fiber thermoplastics

By Frank Esposito
Senior Staff Reporter

Published: September 21, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

China's Shide Group, BASF unveil 'revolutionary' all-plastic window profile

April 23, 2014 9:10 pm ET

SHANGHAI — The PVC window profile market in Asia is expected to increase four-fold by 2025, and Chinese building products maker Dalian Shide...    More

Worker dies in fall at Formosa Texas plant

April 23, 2014 4:04 pm ET

A subcontractor died April 22 after falling 25 feet during routine cleaning operations at a Formosa Plastics Corp. USA facility in Point Comfort,...    More

Image

Milliken expanding SC plant for additional PP clarifying agent capacity

April 23, 2014 3:42 pm ET

American chemical company Milliken & Co. has announced plans for a major expansion in capacity for its Millad NX8000 clarifying agent for...    More

Image

CPM Extrusion, ECON launch new line of underwater pelletizers

April 23, 2014 11:25 am ET

CPM Extrusion Group and ECON GmbH unveiled their brand new EUPC line of underwater pelletizers today at ChinaPlas held in Shanghai, China.    More

Clariant says Asia holds the key to growth

April 23, 2014 3:52 pm ET

Clariant AG is based in Switzerland, but its eyes are firmly focused further east.    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events