Perstorp is planning plant for plasticizers
PERSTORP, SWEDEN - In a significant investment move, specialty chemicals group Perstorp Holding AB will build a 330 million-pound-per-year plant in Sweden to produce PVC plasticizers and intermediate products.
Costing 175 million euros ($233.7 million) - the 126-year-old company's biggest-ever investment - the facility will manufacture valeric aldehyde; its derivatives, 2-propylheptanol and valeric acid; and a new plasticizer, di-propyl heptyl phthalate.
DPHP is set to be a key mainstream C10 plasticizer employed in PVC applications such as electrical cables, vinyl flooring and car interiors. Perstorp estimates global growth of those high-volume applications at more than 5 percent per year.
The Perstorp-based firm already manufactures other PVC plasticizers including dioctyl phthalate and Peraflex P244.
The plant will be located at Perstorp's large site in Stenungsund, Sweden, and is expected to reach full capacity by 2011.
Jamplast distributes acrylics from Lucite
CORDOVA, TENN. - Lucite International named Jamplast Inc. of St. Louis as its national distributor of Perspex and TufCoat acrylic products.
President John Moisson founded Jamplast in 1994. The company sells about 30 million pounds of plastics per year to more than 250 companies in the U.S. and Canada. Its operations include a 75,000-square-foot distribution center in Mount Vernon, Ind.
Lucite is in Southampton, England, and its Americas regional headquarters is in Cordova.
Victrex USA relocates headquarters to Pa.
WEST CONSHOHOCKEN, PA. - Victrex USA Inc., the Americas subsidiary of Victrex plc, has moved its headquarters to West Conshohocken from Greenville, S.C. Victrex makes polyaryletherketones and polyethertherketones.
The new site houses senior management, sales and marketing, orders, human resources, information technology and finance.
Vanderbilt to handle Songwon additives
FRIENDSWOOD, TEXAS - Songwon International Americas Inc., the U.S. affiliate of South Korean chemical supplier Songwon Industrial Co. Ltd., has appointed R.T. Vanderbilt as its distributor in the U.S. and Canada for polymer additives used in both plastic and elastomeric compounds.
The agreement covers Songnox phenolic and phosphite antioxidants, Songlight hindered amine light stabilizers and Songsorb ultraviolet-light absorbers.
Vanderbilt, based in Norwalk, Conn., operates two U.S. chemical plants - in Bethel, Conn., and Murray, Ky. - and distributes chemicals and polymers. The company was founded in 1916.
Songwon International is based in Friendswood. Songwon Industrial is in Ulsan, South Korea, and makes antioxidants and heat stabilizers for plastics, as well as additives for PVC, plasticizers, lubricants, surface coating agents, polyurethane, alkyl phenols, flocculants and other chemicals.
IDI Composites buys equipment for SMC
NOBLESVILLE, IND. - IDI Composites International recently added new equipment to expand its short-run and pilot plant capabilities for sheet molding compound.
The company formulates and makes thermoset molding compounds for custom molders and original equipment manufacturers. In a news release, it cited rising global demand for composites as metal replacements as the reason for the additional equipment.
IDI said the machinery will have the same capabilities as its high-volume equipment, but will allow its primary SMC line to be dedicated to high-volume work.
The new equipment offers material in widths up to 36 inches. It can be used for sampling, testing and new product development.
IDI is based in a 200,000-square-foot facility in Noblesville.