BASF EPS site continues force majeure
FLORHAM PARK, N.J. - BASF Corp. is maintaining force majeure at its expanded polystyrene plant in South Brunswick, N.J., even though styrene monomer feedstock supply has been restored.
The Florham Park firm said the action is needed because the supply chain remains tight and inventories are ``critically low.'' Styrene transport was disrupted by hurricanes.
``We will continue to focus on manufacturing our low-pentane ... EPS because customers in this market have limited options for those resins,'' North American styrenic foams director Gene Zimmerman said in a news release. ``We expect to resume production of the remaining ... EPS products produced at South Brunswick by mid-October.''
Zimmerman added that he was uncertain when the force majeure, which includes supply-allocation measures, will be lifted.
Visteon plans interior plant in Slovakia
ROMULUS, MICH. - Visteon Corp. announced Oct. 13 that it will build an automotive interior manufacturing facility in Slovakia.
The U.S. supplier, with headquarters near Romulus, in Van Buren Township, will spend 40 million euros ($49 million) to build a 400-employee operation in Nitra, Slovakia, to supply parts for Kia Motors Corp. and PSA/Peugeot-Citroen SA auto assembly plants in the region. Visteon will make, assemble and sequence interior parts and climate-control systems at the plant, which covers almost 540,000 square feet.
Construction will begin in the spring, with production set to start by 2006, said Visteon spokeswoman Dolores Muniz. The company will not discuss specific parts to be made until the carmakers near their production launch. Both South Korea's Kia and France's PSA/Peugeot-Citroen are to begin making cars in Slovakia in 2006.
Visteon already has factories in Hungary, Poland and the Czech Republic.
PT publisher may buy MoldMaking Tech
CINCINNATI - The company that publishes Plastics Technology magazine might expand in plastics by acquiring MoldMaking Technology magazine.
Gardner Publications Inc. is in discussions with Communication Technologies Inc. of New Britain, Pa., confirmed Gardner President and Chief Executive Officer Richard Kline. The talks are wide-ranging and include the possibilities of acquiring MoldMaking Technology and working together on CTI's annual MoldMaking Expo trade show, Kline said in a telephone interview.
``Nothing is decided at this point,'' Kline said. He added that his firm has set a deadline for the end of the month to conclude any potential deal.
CTI launched MoldMaking Technology in 1998. Cincinnati-based Gardner bought Plastics Technology, its sole plastics magazine, in 2000. Separately, Gardner is a partner in Hanser Gardner Publications LLC, a joint venture that sells technical books.
Profile extruder Pyramid open - still
HOPE, ARK. - The folks in Hope want to make clear: Pyramid Plastics Inc. is open for business.
Plastics News and Hope's local newspaper both reported that the custom profile extruder was closing down, eliminating 14 jobs. But President William Tolleson said Oct. 8 that the company is still in business ``and planning to stay that way.''
Pyramid Plastics has downsized, he said, and now employs 10.
Tax credit helping Placon beef up R&D
MADISON, WIS. - Thermoformer Placon Corp. plans to use a newly awarded tax credit from the state of Wisconsin to invest in product development and equipment.
The Madison company received a $250,000 tax credit from the Wisconsin Department of Commerce, aimed at helping with expansion and new technology, said Placon President Jan Acker. The credits are spread over a three-year period.
The firm will add to its research and development staff, outfitting its laboratory with new equipment and hiring an R&D leader to oversee development, Acker said.
The company also is investing more than $10 million during the next several years in new equipment for its plant in Madison and at a new facility set to open this month in Suzhou, China, Acker said.