Flow Polymers to add capacity for plastic additives

By Frank Esposito
Senior Staff Reporter

Published: February 6, 2013 3:18 pm ET
Updated: February 6, 2013 3:28 pm ET

Related to this story

Topics Materials, Materials Suppliers

CLEVELAND -- Strong sales growth in plastic additives will lead Flow Polymers LLC to install a new production line by the end of the year.

Sales of SureFlo-brand additives made by Cleveland-based Flow grew 40 percent during 2012, President and CEO Mike Ivany said in a Feb. 5 phone interview. The firm had planned to add the new line during 2012, but Ivany said Flow personnel were able to get more production out of the existing line, which started up in 2009.

SureFlo growth has come from several areas, but Ivany said that recently the material has provided "the biggest benefit" in blow molded parts used in landscaping and trash removal. SureFlo is a proprietary mix of hydrocarbon resins that can increase flow and line speed, and allow different resins to be reprocessed together.

During 2012, Flow also moved part of its rubber-based business to an 83,000-square-foot plant about four miles away from its existing plant in an industrial area of Cleveland's east side. The additional space was needed after Flow closed a smaller plant in Connecticut in late 2011 because of environmental issues from a previous business at that site.

Adding the second site and overall sales growth allowed Flow to add 25 jobs during 2012, Ivany said. More jobs might need to be added in 2014 after the second SureFlo production line comes on later this year.

Flow's main business has been rubber additives and dispersions since it was founded in 1984 by Cleveland entrepreneur Dan Moore. In late 2010, Moore's Dan T. Moore Co. sold a stake of about 75 percent in Flow to Chicago private equity firm Geneva Glen Capital LLC.

The existing SureFlo production line is in a 100,000 square-foot building that was used to manufacture torpedoes during World War II.


Comments

Flow Polymers to add capacity for plastic additives

By Frank Esposito
Senior Staff Reporter

Published: February 6, 2013 3:18 pm ET
Updated: February 6, 2013 3:28 pm ET

Post Your Comments


Back to story


More stories

Braskem publishes carbon footprint data for its products

May 24, 2013 1:40 pm ET

SÃO PAULO, BRAZIL — Braskem SA, the leading thermoplastic resin producer in the Americas and world's largest biopolymer producer, staked its...    More

Are fractals the new nanotechnology?

May 24, 2013 12:52 pm ET

CINCINNATI -- Researchers in the Netherlands have found ways to making fractal structures in polymers that are more finely organized than...    More

TenasiTech nanoadditive boosts acrylic’s durability

May 24, 2013 12:50 pm ET

BRISBANE, AUSTRALIA — An Australian-invented nanoparticle additive that improves the durability of acrylic products is likely to be...    More

Image

PolyOne designs and colors its global strategy

May 23, 2013 4:09 pm ET

GUANGZHOU, CHINA — PolyOne Corp. officials at Chinaplas launched a new color and design services business, highlighted recent applications of...    More

Dow's sustainability manager looks at big picture for package design

May 23, 2013 3:22 pm ET

NEW ORLEANS — You can make a package from recycled material, reduce the weight by 50 percent and ensure that it’s reusable. But that’...    More

Upcoming Plastics News Events

June 4, 2013 - June 5, 2013Workforce Solutions West 2013

September 17, 2013 - September 18, 2013Plastics Caps & Closures 2013

November 12, 2013 - November 14, 2013Plastics Building Innovations 2013 Conference

More Events

Market Reports

Recyclers & Brokers and Custom Compounders (Full Ranking and List) 2013

Access data on 224 recyclers including volume, percent reprocessed versus brokered, percent post-consumer versus post-industrial, and materials re-processed, as well as data on 237 compounders including materials processed and compounds manufactured.

Learn more

Thermoformed Packaging 2013 Market Review and Outlook - North America

Plastics News' experts analyze North American thermoformed packaging sector performance and prospects for future growth. View analysis of processors operating within this segment as well as perspectives from industry though leaders on economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand and manufacturing technology.

Learn more