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
Companies & Associations

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

Jaguar Land Rover to begin using MuCell across its product line

April 27, 2015 9:47 am ET

Another automaker has announced plans to use Trexel Inc.'s MuCell molding technology in future production.    More

Image

Haitian builds system for Renault's new China auto assembly plant

April 24, 2015 11:10 am ET

A late-comer to the world's largest auto market, French carmaker Renault SA is currently building its first factory in China.    More

Image

Eriks NV buys two US polymer companies

April 24, 2015 10:38 am ET

Dutch company Eriks NV is expanding its reach in the North American plastics sector with two acquisitions: Dallas-based Seals and Packings Inc. and...    More

Image

Jeco adds Ferry rotational molder to handle increase in business

April 23, 2015 12:27 pm ET

Jeco Plastics Products LLC is ramping up for more work, adding a new Ferry 2600 rotational molder that will provide more capabilities.    More

Image

Engel, VW working on joint research into high volume composites in auto

April 23, 2015 9:40 am ET

Engel, the Austria-based manufacturer of injection molding machines, is building one of its largest machines for a research center looking into integr...    More

Market Reports

North American Thermoformed Packaging Market Outlook & Review 2015

Our annual report provides a thorough review and analysis of economic and political conditions, emerging market trends, packaging design advances, materials pricing and sustainable packaging issues impacting supply and demand in the TP segment. Our analysts identify key drivers of growth and opportunities for processors to remain competitive in the years ahead through innovation, production efficiencies and more.

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

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