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Clariant and Lummus join forces for PP catalysts

By: EUROPEAN PLASTICS NEWS

August 30, 2013

Swiss chemical giant Clariant International Ltd. has joined forces with Lummus Novolen Technology GmbH to build a polypropylene catalyst production line.

The companies are together investing 65 million Swiss francs ($70 million) on the line, which will be built at Clariant's catalyst production hub in Louisville, Ky. It is expected to come on stream in 2015.

"The strategic partnership with Lummus Novolen is a significant milestone for the catalyst business," Clariant CEO Hariolf Kottmann said in a statement. "It strengthens our competitive position in a market with future perspectives and strong growth rates."

According to Clariant, the PP Ziegler-Natta catalyst market is expected to experience growth rates of more than 5 percent in the next five years.

Lummus Novolen is based in Mannheim, Germany.