Companies launching Mexico chemical unit
MEXICO CITY — A new chemical group consisting of companies related to Paris-based Elf Atochem SA is being formed in Mexico City.
Called Mexichem, the group includes Quimica Pennwalt SA de CV and Polimeros de Mexico SA de CV. Elf Atochem was a principal shareholder in each firm. Ownership of the new company will be divided among the French company and Mexican private investors, according to a company official who asked not to be identified.
Clients and suppliers of the companies were informed of the merger in July. A Mexichem representative said Sept. 11 that further details will be available at the end of the year.
Polimeros de Mexico has three units: Polimeros de Mexico SA de CV, which makes PVC; polystyrene producer and processor Nacional de Resinas SA de CV; and expanded PS block maker Poliespuma de Mexico SA de CV.
Grupo Pennwalt has three chlorine companies: Cloro de Tehuantepec SA de CV, Industrias Clorotec SA de CV, and Quimica Pennwalt SA de CV, all based in Tlalnepantla, near Mexico City.
Japan grants Milliken patent despite claim
SPARTANBURG, S.C. — Milliken Chemical has been granted a new patent in Japan for its Millad clarifying agent technology.
The patent covers Milliken's sorbital acetal-based clarifying agents, specifically those for polypropylene offering good clarity, taste and odor-transfer properties.
Millad clarifying agents are used in making food, dairy, cosmetic and drug packaging, and housewares and hardware.
The patent was granted despite the opposition of New Japan Chemical Co., which has launched a lawsuit against Milliken over the validity of its patent for clarifying-agent technology in Japan.
The division of Milliken & Co. is based in Spartanburg.
Restructuring boosts Orica division profit
MELBOURNE, AUSTRALIA — By restructuring its plastics business, Orica Ltd. was able to increase operating profit for the division to A$29 million (US$16.8 million) from A$12 million (US$6.9 million up) for the first half of the year.
Plastics sales increased 32 percent for the period, ended March 31, compared with the same period of 1997.
The Melbourne-based polyethylene and PVC manufacturer sold its polypropylene and films businesses this year, said spokeswoman Kate Meyers.
In January, Orica sold its PP resin business to Montell Australia Ltd., a unit of Montell Polyolefins, a division of the Royal Dutch/Shell Group.
In February it sold its PP film division, traded as Propafilm, to Melbourne-based UCB Sidex (Aust.) Pty. Ltd., a wholly owned subsidiary of UCB SA of Brussels, Belgium.
The sales increase mainly was due to Orica's 62.6 percent ownership of Melbourne-based Australian Vinyls Corp. Ltd., a joint venture launched a year ago. Melbourne-based Auseon Ltd. is the other owner. Australian Vinyls is Australia's only PVC resin maker.
Orica is an independent, publicly traded company. Its other business divisions are explosives, chemicals, mining services, fertilizers and consumer products.
Tenn.'s Moldesign to build larger molds
KNOXVILLE, TENN. — Moldesign Inc. plans to buy a larger electrical discharge, computer numerically controlled milling machine next year to allow it to build bigger molds.
The firm now is restricted to making molds as large as about 20 inches by 40 inches, but it wants to boost its size range to 30 by 50 inches, according to President and owner Steve Peterson.
Moldesign recently reached full production in Knoxville, after moving in April from its previous facility in Rockford, Ill., Peterson said in a telephone interview. It leases a 14,000-square-foot plant, about 50 percent bigger than its previous facility.
Peterson said the firm relocated because of a growing customer base in the Southeast, and a better climate. Employees easily can access and enjoy the nearby Great Smoky Mountains National Park.
Moldesign, established in 1982, makes molds for custom injection molders in housewares, automotive and other markets.
Diemould Service Co. (Canada) Ltd. has made Lutek Equipment Plastique Inc. distributor for DMS mold components and accessories in Quebec, the Atlantic provinces and parts of eastern Ontario. DMS is based in Windsor, Ontario. ... Alba Enterprises Inc. of Los Angeles will represent Cincinnati Milacron Inc.'s industrial blow molding machines in northern California, Oregon, Washington, Idaho, Nevada, Utah, British Columbia and Alberta. ... Swed Spray AB of Ludvika, Sweden, has named the Liquid Dispensing Systems Division of Stark & Associates Inc. the North American distributor of its reusable, bottom-pump, air-powered plastic spray containers, which come in 3- and 11-ounce sizes. The Stark division is based in Charlotte, N.C. ... Custom color concentrates maker F&D Plastics Inc. of Leominster, Mass., has opened a regional sales office in Atlanta.