KING OF PRUSSIA, PA. (April 20, 12 p.m. ET) — Arkema Inc. will consolidate its acrylic sheet production in the U.S. in Louisville, Ky.
The firm, based in King of Prussia, Pa., said it will move acrylic sheet production assets from its Kensington, Conn., plant in several stages over the next year.
Arkema recently announced it is selling its polycarbonate sheet assets in Kensington and the Tuffak tradename to Bayer MaterialScience LLC. Bayer will move the PC sheet production assets to one of its two U.S. plants in Newark, Ohio, or Sheffield, Mass., over the next several months.
“We are certain that these moves will result in improved response time and customer service,” said Mark Johnson, general manager for sheet in the Americas for Arkema subsidiary Altuglas International of Colombes, France. “This strategic investment in manufacturing will also improve the quality of our assets and generate synergies and efficiencies for years to come.”
Over the next year, acrylic sheet production will continue as the equipment is modernized and redeployed. Arkema did not detail equipment upgrades or cost.
“The employees here at Kensington are the reason that we have run this plant so effectively over the years, even as our operating costs have risen,” said Kensington plant manager Mike Dopson in an April 12 news release. Employees will be offered relocation packages to Louisville, or severance packages for those deciding not to move.
Altuglas International makes methylmethacrylate monomer, acrylic resins and Plexiglas acrylic sheet. Altuglas employs about 1,300. Its other North American acrylic sheet plant is in Matamoros, Mexico.