Chemtrusion Inc., a developer of thermoplastic resin compounds, recently signed a contract to purchase 15 acres in the Clark Maritime Center in Jeffersonville, Ind., where it plans to build a $12.5 million color compounding facility. Completion of the 170,000-square-foot facility is scheduled for August. Chemtrusion, a subsidiary of InterSystems Inc., a holding company based in Houston, specializes in research and development of resin compounds and processes for major resin producers.
``[Chemtrusion] is a specialist in developing the next generation of compounded plastics,'' said company spokeswoman Sylvia Dresner. ``Once that generation of compounded resins becomes a mainstream, commercial product, Chemtrusion moves on to develop another generation of compounded resins.''
The state-of-the-art Indiana plant, which will be located in the economic center of the greater Louisville, Ky., metropolitan area, will produce advanced color thermoplastic resins for a yet unnamed major resin producer.
The plant will serve the resin producer's customers in the appliance and automotive industries in Indiana and the lower Midwest.
Although the plant represents a step outside the company's core business, color compounding of resins for the automotive industry requires technical expertise that only a company like Chemtrusion can provide, said Dresner.
``Resin producers want to have more control over the end product in areas such as color compounding to ensure quality for their customers, but they don't perform this function in-house anymore,'' she said. ``That's where a company like Chemtrusion comes into play.''
Dresner said the company is fast-tracking plant construction in order to begin production of color-compounded resins for the automotive industry's next model year.