Chemtura to complete $40 million expansion

By Robert Grace
Associate Publisher & Business Development Director

Published: October 21, 2013 11:19 am ET
Updated: October 21, 2013 11:21 am ET

Related to this story

Topics Materials Suppliers K 2013 Business News & Features
Companies & Associations

DÜSSELDORF, GERMANY — Chemtura Organometallics GmbH, a subsidiary of U.S.-based Chemtura Corp. (Hall 6/E24), said it expects to complete the final phase of a $40 million expansion in Germany by year’s end.

The move will greatly boost capacity to make its Axion-brand, single-site polymerization catalysts and related precursors. The materials are used in the manufacture of polyolefins and elastomers.

In an interview after a Chemtura press event at K 2013 on Oct. 16, Ulrich Stewen, the Swiss-based commercial and technology director for organometallics, said the project in Bergkamen, in west-central Germany, is nearing completion.

The expansion for the Axion aluminoxane oxane (MAO) activator is fully backwards integrated based on Chemtura’s on-site production of the trimethylaluminum (TMA) precursor, Stewen said. Noting that only Chemtura and Albemarle Corp. are active in this space, he declined to provide any information about production quantities.

Philadelphia-based Chemtura earlier this month sold its consumer products business, consisting of such products as household cleaners and pool chemicals, for $315 million to Kik Custom Products Inc. It said it may sell its agrochemicals business as well. These moves will allow Chemtura to focus on fire safety and flame retardants, specialty chemicals, and on other, less-cyclical sectors such as home-insulation products.

Separately, the recently spun-off Chemtura specialty additives business, now called Addivant, is expanding some production capacity and also is growing in China. Peter Smith, who was general manager of the business unit under Chemtura since 2009, is now Addivant’s president and CEO. SK Capital purchased the antioxidants and UV stabilizers business, which relaunched under its new name this past May 1.

Smith said at the K show that Addivant established its own applications center in Shanghai, after having separated from the Chemtura center in Nanjing, China, last month. He said the firm will be expanding production in China and opening a new customization center there, but declined to provide details.

Smith also said the company is doubling production capacity in Saudi Arabia and South Korea, and soon would be expanding output at its Morgantown, W. Va., site, but again did not offer further details.


Comments

Chemtura to complete $40 million expansion

By Robert Grace
Associate Publisher & Business Development Director

Published: October 21, 2013 11:19 am ET
Updated: October 21, 2013 11:21 am ET

Post Your Comments


Back to story


More stories

Image

Wittmann Battenfeld betting on big for future sales

April 24, 2015 12:34 pm ET

Five hundred visitors packed into MacroPower Days, about twice as many as Wittmann Battenfeld GmbH officials initially expected — proof, they...    More

Image

PolyOne launches Geon BIO PVC using soy-based materials

April 24, 2015 11:48 am ET

More than a decade of research is paying off for Battelle Memorial Institute in the form of Geon BIO PVC compounds from PolyOne Corp.    More

Image

Braskem and Odebrecht reconsidering West Virginia plastics project

April 23, 2015 2:54 pm ET

Brazilian firms Braskem and Odebrecht have confirmed that they are re-evaluating Project Ascent, the major plastics and petrochemicals project they...    More

Image

DuPont center in India gets LEED Certification

April 23, 2015 1:07 pm ET

DuPont Co.'s Knowledge Center in Hyderabad, India, was awarded LEED certification by the U.S. Green Building Council.    More

Image

SiVance opens new R&D lab

April 23, 2015 12:07 pm ET

Milliken & Co. unit SiVance LLC has opened a new research and development lab for silicone and silane technologies in Gainesville, Fla.    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

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

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

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

September 15, 2015 - September 17, 2015Plastics Caps & Closures - September 2015

More Events