Ampacet opens regional HQ in Luxembourg

Published: January 9, 2013 6:00 am ET

Related to this story

Topics Materials, Suppliers

TARRYTOWN, N.Y. (Jan. 9, 11:15 a.m. ET) — Compounder and concentrates maker Ampacet Corp. has invested 25 million euros ($32.6 million) in a new headquarters in Dudelange, Luxembourg, to cover the Europe, Middle East and Africa (EMEA) region.

The center, which opened last month, expands the firm’s black and white masterbatch production, increasing capacity by 60 percent.

The Tarrytown-based company says it will also use the plant to improve its environmental footprint. The new centre includes a waste water treatment plant and a sorting area for recycling, while the production line is designed to recover wasted heat.

Ampacet chose Luxembourg because of its central location and wealth. In addition, the Benelux region is dominant in the white, color and additives masterbatch market, says the firm.

The Benelux region is the third largest consumer of masterbatches, behind Germany and Italy but ahead of France and the United Kingdom, according to Ampacet.


Comments

Ampacet opens regional HQ in Luxembourg

Published: January 9, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Polypropylene prices rise, while PE and PS fall

February 26, 2015 4:01 pm ET

North American prices for polyethylene and polystyrene resins continued to fall in February, while regional prices for polypropylene showed a...    More

Image

NFM Welding Engineers opens direct office in China

February 26, 2015 2:05 pm ET

MASSILLON, OHIO — Extrusion equipment manufacturer NFM Welding Engineers Inc. has opened a sales office in Dalian, China.    More

Image

Price and sustainability both key to success for carpet recycler

February 26, 2015 1:28 pm ET

DALLAS — A green message will get you in the door, but ultimately that sustainability message has to be backed up with quality at the right...    More

Image

3i to sell specialty chemicals company Azelis to Apax Partners

February 26, 2015 11:36 am ET

Azelis Holding SA, the specialty chemicals distributor, is being sold by its private equity owners 3i Group plc to another private investment outfit, ...    More

Image

Medical compounder adding two extrusion lines

February 25, 2015 3:49 pm ET

Compounding Solutions LLC plans to add two new co-rotating twin-screw extruders this year to raise its capacity and provide more flexibility.    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events