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Great Lakes moves antimony manufacturing to Mexico
INDUSTRY
iew:
Great Lakes moves antimony manufacturing to Mexico Great Lakes Chemical Corporation is switching all global production for its antimony and synergists business to the company's Reynosa site in Mexico. The company says that concentrating production at the site means that it can lower manufacturing costs while maintaining quality. The Reynosa manufacturing plant is said to have good manufacturing flexibility in
mulations as a synergist in
the conversion of antimony metal, crude antimony trioxide and antimony sulphide concentrates into finished antimony derivatives. Great Lakes says that the Reynosa site is ISO 9000 certified and customers will maintain regional access to finished products in Europe, Japan, Asia-Pacific and the Americas. Antimony trioxide is used in flame retardant polymer for-
combination with brominated
flame retardants. It is also used in PVC formulations for maximum flame retardancy and speciality grades are used as catalysts in the manufacture of PET. Contact: Great Lakes Chemical Corporation Tel" +44 161 875 3229 www.greatlakeschem, corn
North African venture for Ferro Ferro Corporation has signed a licensing agreement with Yomar SA, a Moroccan masterbatch producer. The agreement will allow Yomar SA (Casablanca) to acquire technical know-how and support, as well as equipment from Ferro, to produce Ferro's masterbatches, compounds and pig-
ments for the Moroccan, Tunisian and Algerian markets. Yomar was established in 1988 as a resale company, focusing on packaging, garden furniture and textiles. The company has been working with Ferro since 1990. Part of the agreement with Ferro is the installation of two new extrud-
ers for the local manufacture of Ferro masterbatches. Ferro says that it will benefit from Yomar's knowledge of the Magreb market area and its well established links with companies. Contact: Ferro Corporation Tel: +31 10 478 4461 Fax: +31 10 478 4785
Degradable plastic packaging manufacturer raises cash for growth Symphony HasticsTechnologies has concluded its Offer for Subscription and raised over £2 million. The company specializesin degradable plastic packaging products. At the offer price, the company has a market capitalization of£18.03 million and the shares will be traded on OFEX. Chief executive of Symphony Michael Laurier said: "I am delighted at the results of our OFEX offer. The capital raised via our admission to OFEX will help us to continue our strong growth in both the UK and overseas markets and guarantee the position of Symphony at the cutting edge of the global plastics industry." Symphony Plastic Technologies develops and provides a wide
range of degradable plastic products to the retail, local authority, food and medical markets. The company's SPITekTM and Tuffy(~ range of plastic products are based on the additive DCP TM Degradable Compostable Plastics, which when blended with polyethylene during the normal production processes causes the plastic to degrade into carbon dioxide and water at a controllable rate depending on application requirements. The company adds that product life times until degradation can be controlled from several months to several years. The current global polyethylene market is £45 billion and the majority of this plastic cannot
be recycled because it is generally contaminated or commercially inaccessible. Symphony says that use of its degradable packaging could improve the average lifespan and productivity of a landfill site by 20-25%. SPI-Tek products are being manufactured in the UK, Middle East and the Far East. The range includes carrier bags, refuse sacks, food bags, bread bags and compost bags. Symphony has also acquired 30% of a joint venture company in Abu Dhabi, Symphony Bin Hilal Plastics, to set up a large scale manufacturing plant. Contact: Symphony Plastic Technologiesplc Tel: +1 20 82075900 www.degradable.net
Plastics Additives & Compounding October 2000
6
Dominion Co/our acquires South American pigment manufacturer The Dominian Colour Corporation of Canada has acquired the Venezuelan producer ofazo organic pigments and lead chromates, Compania Venezolana De Pigmentos (Cavenpi) of Valencia. The company says that the new site is being developed as a supply centre for azo organic pigments and lead chromates for all South American markets. It will also supplement Dominion Colour's distribution network worldwide and increase the company's supply capability for new customers in Europe. According to Dominion Colour Corporation's president and chief executive officer Mike Klein, the company is making a substantial capital investment at the Venezuelan site to increase production capacity and product range. He says that Cavenpi's existing customer base will remain an important and significant part of the new venture. The products from the Venezuelan site are being fully integrated into Dominion Colour's product line in 70 countries throughout the world. The company says that Jeff Cox has been appointed president of Cavenpi. Contact: Dominion Colour Corporation Tel: +1 416791 4200 Fax: +1 4164977713
iew:
Great Lakes moves antimony manufacturing to Mexico Great Lakes Chemical Corporation is switching all global production for its antimony and synergists business to the company's Reynosa site in Mexico. The company says that concentrating production at the site means that it can lower manufacturing costs while maintaining quality. The Reynosa manufacturing plant is said to have good manufacturing flexibility in
mulations as a synergist in
the conversion of antimony metal, crude antimony trioxide and antimony sulphide concentrates into finished antimony derivatives. Great Lakes says that the Reynosa site is ISO 9000 certified and customers will maintain regional access to finished products in Europe, Japan, Asia-Pacific and the Americas. Antimony trioxide is used in flame retardant polymer for-
combination with brominated
flame retardants. It is also used in PVC formulations for maximum flame retardancy and speciality grades are used as catalysts in the manufacture of PET. Contact: Great Lakes Chemical Corporation Tel" +44 161 875 3229 www.greatlakeschem, corn
North African venture for Ferro Ferro Corporation has signed a licensing agreement with Yomar SA, a Moroccan masterbatch producer. The agreement will allow Yomar SA (Casablanca) to acquire technical know-how and support, as well as equipment from Ferro, to produce Ferro's masterbatches, compounds and pig-
ments for the Moroccan, Tunisian and Algerian markets. Yomar was established in 1988 as a resale company, focusing on packaging, garden furniture and textiles. The company has been working with Ferro since 1990. Part of the agreement with Ferro is the installation of two new extrud-
ers for the local manufacture of Ferro masterbatches. Ferro says that it will benefit from Yomar's knowledge of the Magreb market area and its well established links with companies. Contact: Ferro Corporation Tel: +31 10 478 4461 Fax: +31 10 478 4785
Degradable plastic packaging manufacturer raises cash for growth Symphony HasticsTechnologies has concluded its Offer for Subscription and raised over £2 million. The company specializesin degradable plastic packaging products. At the offer price, the company has a market capitalization of£18.03 million and the shares will be traded on OFEX. Chief executive of Symphony Michael Laurier said: "I am delighted at the results of our OFEX offer. The capital raised via our admission to OFEX will help us to continue our strong growth in both the UK and overseas markets and guarantee the position of Symphony at the cutting edge of the global plastics industry." Symphony Plastic Technologies develops and provides a wide
range of degradable plastic products to the retail, local authority, food and medical markets. The company's SPITekTM and Tuffy(~ range of plastic products are based on the additive DCP TM Degradable Compostable Plastics, which when blended with polyethylene during the normal production processes causes the plastic to degrade into carbon dioxide and water at a controllable rate depending on application requirements. The company adds that product life times until degradation can be controlled from several months to several years. The current global polyethylene market is £45 billion and the majority of this plastic cannot
be recycled because it is generally contaminated or commercially inaccessible. Symphony says that use of its degradable packaging could improve the average lifespan and productivity of a landfill site by 20-25%. SPI-Tek products are being manufactured in the UK, Middle East and the Far East. The range includes carrier bags, refuse sacks, food bags, bread bags and compost bags. Symphony has also acquired 30% of a joint venture company in Abu Dhabi, Symphony Bin Hilal Plastics, to set up a large scale manufacturing plant. Contact: Symphony Plastic Technologiesplc Tel: +1 20 82075900 www.degradable.net
Plastics Additives & Compounding October 2000
6
Dominion Co/our acquires South American pigment manufacturer The Dominian Colour Corporation of Canada has acquired the Venezuelan producer ofazo organic pigments and lead chromates, Compania Venezolana De Pigmentos (Cavenpi) of Valencia. The company says that the new site is being developed as a supply centre for azo organic pigments and lead chromates for all South American markets. It will also supplement Dominion Colour's distribution network worldwide and increase the company's supply capability for new customers in Europe. According to Dominion Colour Corporation's president and chief executive officer Mike Klein, the company is making a substantial capital investment at the Venezuelan site to increase production capacity and product range. He says that Cavenpi's existing customer base will remain an important and significant part of the new venture. The products from the Venezuelan site are being fully integrated into Dominion Colour's product line in 70 countries throughout the world. The company says that Jeff Cox has been appointed president of Cavenpi. Contact: Dominion Colour Corporation Tel: +1 416791 4200 Fax: +1 4164977713