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

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

2014 sees modest sales increase, but profit decrease, for Dow Chemical

January 29, 2015 4:20 pm ET

Dow Chemical Co. delivered modest sales growth in 2014, but the firm's profit took a tumble.    More

Image

Materials firms look for stock rebound

January 29, 2015 1:52 pm ET

DuPont Co., A. Schulman Inc. and Rogers Corp. thrived amid the stock market chaos of 2014, but the other 12 publicly held materials firms tracked by...    More

Image

Chemtrusion, Mytex Indiana compounding plant set for expansion

January 29, 2015 1:35 pm ET

Japanese and American partners in a compounding plant in Indiana plan to expand the facility.    More

Image

DuPont-Chenguang JV to produce fluoroelastomers in China

January 29, 2015 12:30 pm ET

DuPont Fluoropolymer Solutions and Zhonghao Chenguang Chemical Research Institute Co. Ltd. are proceeding with a 50-50 joint venture to serve the...    More

Image

Barington may force a vote for Omnova board at annual meeting

January 28, 2015 3:52 pm ET

It looks like the battle between Omnova Solutions and an activist investor is heading to a vote.    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

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

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

Upcoming Plastics News Events

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

More Events