Advanced Composites adding PP compounding in Ohio and Mexico

By Frank Esposito
Senior Staff Reporter

Published: November 8, 2013 11:09 am ET
Updated: November 8, 2013 11:11 am ET

Related to this story

Topics Automotive, Materials, Materials Suppliers, Joint Venture, Compounding

Advanced Composites Inc. is adding almost 75 million pounds of polypropylene compounding capacity at plants in Ohio and Mexico.

ACI — a joint venture between Tokyo firms Mitsui Chemicals Inc. and Prime Polymer Co. Ltd. — will add about 46 million pounds of capacity in Sidney, Ohio, and about 29 million pounds in Aguascalientes, Mexico. In a Nov. 7 news release, officials with Mitsui and Prime Polymer said the new capacity is needed to meet growing demand from the automotive sector.

North American auto builds have been improving and now are close to levels reached before the recession.

“Although the North American automotive industry was negatively impacted by the global financial crisis, the market has returned to normalcy with forecasts of significant growth in the future,” officials said in the release.

The expansion in North America will help the joint venture “contribute to global strategies of automobile manufacturers,” Mitsui managing executive officer Akio Ayukawa added.

The expansions also will allow ACI to improve its R&D operations at both sites. The firm already in the last 18 months had announced plans to increase its PP compounding capacity by 90 million pounds in Sidney and by 55 million pounds in Aguascalientes.

When the expansions are complete, ACI will operate almost 640 million pounds of PP compounding capacity in Sidney and more than 180 million pounds in Aguascalientes.


Comments

Advanced Composites adding PP compounding in Ohio and Mexico

By Frank Esposito
Senior Staff Reporter

Published: November 8, 2013 11:09 am ET
Updated: November 8, 2013 11:11 am ET

Post Your Comments


Back to story


More stories

Image

Formosa to be compensated for Vietnam riot

July 28, 2014 1:44 pm ET

Taiwan's Formosa Plastics Group will receive $2.39 million from the Vietnamese government and insurance companies for damages suffered during the...    More

Magna hiring at two Michigan locations

July 28, 2014 11:43 am ET

Magna Interior Trim Components is adding a total of 169 jobs to two of its Michigan manufacturing facilities.    More

Image

Ukraine's Group DF may be forced to sell Crimea-based additives plant

July 28, 2014 10:12 am ET

Group DF, the industrial business of Ukrainian tycoon Dmitry Firtash, may be forced to sell off Eastern Europe's biggest producer of titanium oxide,...    More

Image

DuPont resins help take Nike golf balls 'Fore!'ward

July 25, 2014 1:07 pm ET

It may be difficult to imagine just how much science, not to mention rubber and plastic components, go into a golf ball. But global giant DuPont Co....    More

Image

Bioplastics maker wins government funding

July 25, 2014 12:13 pm ET

Canadian bioplastics maker Solegear Bioplastics Inc. has won $1.6 million in funding from the government-sponsored Western Innovation Initiative (WINN...    More

Market Reports

Plastics Recyclers Data Report & Directory

This exclusive MS Excel database contains all the companies from Plastics News' ranking of top North American Recyclers and Brokers by reprocessed volume and also includes a directory with materials processes, services offered and company contact information. Data is based on primary research by PN editorial staff.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

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

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

More Events