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Honeywell sells non-core industrial wax business
INDUSTRY
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Singapore Polymer Corp opens offices in China Singapore Polymer Corp. (SPC), a Teknor Apex company, has opened three representative offices in China. The company says that this is to meet a surge in demand for its thermoplastic compounds by Chinese manufacturers in the appliance, automotive, electrical, electronics, medical device, and wire and cable industries. The offices are located in Beijing, Shanghai and Hong Kong.
we now have the capability to produce the full slate of compounds developed in the U.S.A. by Teknor Apex and listed as compliant by globally recognized standards bodies and regulatory agencies." The original SPC product range includes flexible and rigid vinyls, thermoplastic elastomers (TPEs), speciality polyolefins, black and white colour masterbatches, filled
"While SPC has served customers in Hong Kong from the mid-1970s and in China from the mid-1980s, our business in China really accelerated dramatically since we became part of Teknor Apex four years ago," said Cheah Sin Hua, managing director of SPC. "Besides the extensive range of products that SPC has supplied to Chinese manufacturers over the years,
and reinforced polypropylene, conductive compounds, and additive concentrates. Products developed by Teknor Apex include a wide range of flexible vinyls, TPEs, and colour concentrates. Contact: Singapore Polymer Corp. Tel: +65 6265 2544 Email: [email protected] Website: www.spcpl.com.sg
Dover buys chlorinated paraffins business Dover Chemical Corporation of Ohio in the USA is to acquire the chlorinated paraffins business of PCI Chemicals Canada Company located in Cornwall, Ontario a subsidiary of Pioneer Companies Inc. Dover Chemical Corporation says that it will be servicing the business from existing plants
in Dover, Ohio and Hammond, Indiana. Terms of the agreement were not announced. Acquired in 1975 by ICC Industries Inc., Dover Chemical has expanded its product line to include a complete marketbasket of chemical additives. These include: Paroil® and Chlorowax® liquid chlorinated
paraffins; Chlorez® resinous chlorinated paraffins; Doverphos® organophosphites; Doverguard® brominated and bromochlorinated flame retardants; Doversperse® chlorinated paraffin emulsions; Doverlube® lubricant additives and metallic stearates; and specialty alkyl phenols.
Originated as a trading enterprise, ICC has expanded its line of business to include manufacturing companies located in 23 locations throughout the United States, Europe, Israel, China and Turkey. Contact: Dover Chemical Corporation Website: www.doverchem.com
Honeywell sells non-core industrial wax business Honeywell has sold its industrial wax operations in the United States to The International Group, Inc. (IGI). The company has sold its wax operations in Farmers Valley, Penn., Titusville, Penn., and Marshall, Texas, to IGI, a leader in the technology, development and manufacturing of petroleum based wax products based in Toronto, Canada.
Financial terms were not disclosed. The sale to IGI completes Honeywell's divesture of its non-core industrial wax business. In April, Honeywell sold its European and Asian operations to Paramelt BV. The transaction does not include Honeywell's Specialty Additives business, which sells
Plastics Additives & Compounding July/August 2005
A-C® performance additives, Rheochem® customized lubricants for the vinyl processing industry and Lumilux® luminescent pigments. These are part of Honeywell's Performance Products business that will be retained. The divestiture is part of Honeywell Specialty Materials' continued execution of its plan
8
to focus investment on select core businesses built around growth platform technologies including fluorines, advanced fibres and composites, reagents, electronic materials and barrier solutions. Contact: Honeywell E-mail: peter.dalpe@ honeywell.com
News
Singapore Polymer Corp opens offices in China Singapore Polymer Corp. (SPC), a Teknor Apex company, has opened three representative offices in China. The company says that this is to meet a surge in demand for its thermoplastic compounds by Chinese manufacturers in the appliance, automotive, electrical, electronics, medical device, and wire and cable industries. The offices are located in Beijing, Shanghai and Hong Kong.
we now have the capability to produce the full slate of compounds developed in the U.S.A. by Teknor Apex and listed as compliant by globally recognized standards bodies and regulatory agencies." The original SPC product range includes flexible and rigid vinyls, thermoplastic elastomers (TPEs), speciality polyolefins, black and white colour masterbatches, filled
"While SPC has served customers in Hong Kong from the mid-1970s and in China from the mid-1980s, our business in China really accelerated dramatically since we became part of Teknor Apex four years ago," said Cheah Sin Hua, managing director of SPC. "Besides the extensive range of products that SPC has supplied to Chinese manufacturers over the years,
and reinforced polypropylene, conductive compounds, and additive concentrates. Products developed by Teknor Apex include a wide range of flexible vinyls, TPEs, and colour concentrates. Contact: Singapore Polymer Corp. Tel: +65 6265 2544 Email: [email protected] Website: www.spcpl.com.sg
Dover buys chlorinated paraffins business Dover Chemical Corporation of Ohio in the USA is to acquire the chlorinated paraffins business of PCI Chemicals Canada Company located in Cornwall, Ontario a subsidiary of Pioneer Companies Inc. Dover Chemical Corporation says that it will be servicing the business from existing plants
in Dover, Ohio and Hammond, Indiana. Terms of the agreement were not announced. Acquired in 1975 by ICC Industries Inc., Dover Chemical has expanded its product line to include a complete marketbasket of chemical additives. These include: Paroil® and Chlorowax® liquid chlorinated
paraffins; Chlorez® resinous chlorinated paraffins; Doverphos® organophosphites; Doverguard® brominated and bromochlorinated flame retardants; Doversperse® chlorinated paraffin emulsions; Doverlube® lubricant additives and metallic stearates; and specialty alkyl phenols.
Originated as a trading enterprise, ICC has expanded its line of business to include manufacturing companies located in 23 locations throughout the United States, Europe, Israel, China and Turkey. Contact: Dover Chemical Corporation Website: www.doverchem.com
Honeywell sells non-core industrial wax business Honeywell has sold its industrial wax operations in the United States to The International Group, Inc. (IGI). The company has sold its wax operations in Farmers Valley, Penn., Titusville, Penn., and Marshall, Texas, to IGI, a leader in the technology, development and manufacturing of petroleum based wax products based in Toronto, Canada.
Financial terms were not disclosed. The sale to IGI completes Honeywell's divesture of its non-core industrial wax business. In April, Honeywell sold its European and Asian operations to Paramelt BV. The transaction does not include Honeywell's Specialty Additives business, which sells
Plastics Additives & Compounding July/August 2005
A-C® performance additives, Rheochem® customized lubricants for the vinyl processing industry and Lumilux® luminescent pigments. These are part of Honeywell's Performance Products business that will be retained. The divestiture is part of Honeywell Specialty Materials' continued execution of its plan
8
to focus investment on select core businesses built around growth platform technologies including fluorines, advanced fibres and composites, reagents, electronic materials and barrier solutions. Contact: Honeywell E-mail: peter.dalpe@ honeywell.com