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

Report: Lanxess may cut 1,200 jobs

October 31, 2014 9:40 am ET

German chemicals company Lanxess AG may cut up to 1,200 jobs, around 7 percent of its workforce, as part of a group-wide overhaul to counter...    More

Image

Unique Tool adding equipment, jobs

October 30, 2014 1:52 pm ET

Mold maker Unique Tool & Gauge Inc., is planning to invest more than $3.5 million dollars in new equipment for its Windsor, Ontario, facility.    More

Image

PP prices rise, solid PS, PET drop

October 30, 2014 1:15 pm ET

North American polypropylene resin prices surged again in October, while regional prices for solid polystyrene and PET bottle resin continued their...    More

Image

Italian compounder opening first US plant

October 30, 2014 9:45 am ET

The song of the South has led Italian compounder So.F.Ter Group to open its first plant in the United States in Lebanon, Tenn.    More

Image

Ineos closing Barex plant, exiting business

October 29, 2014 3:58 pm ET

Materials maker Ineos Group is closing its only global Barex-brand polyacrylonitrile (PAN) resin plant in Lima, Ohio. Ineos – based in Rolle, Sw...    More

Market Reports

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 million dollar 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

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

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

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

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events