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Performance Additives unveils first US manufacturing facility
STRATEGIES
Initial offerings available via Hubron include non-phthalate Proviplast 2388 di-ethylhexyl-terephthalate and biobased ester Proviplast 1944 dibutyl sebacate. Proviron has also recently established a presence in China, opening an office in Hangzhou to both sell its finished products and purchase raw materials on the Chinese market. Contact: Hubron Speciality Ltd, Manchester, UK. Tel: +44 161 681 2691, Web: www.hubronspeciality.com Or contact: Proviron Industries NV, G. Gilliotstraat 60, 2620 Hemiksem, Belgium. Tel: +32 3 870 88 20, Fax: +32 3 877 23 33, Web: www.proviron.com
Performance Additives unveils first US manufacturing facility
B
ehn Meyer company Performance Additives has opened its first US production plant, in New Philadelphia, OH, USA. The facility is located on an area of 3.5 acres, with plenty of space for future expansion, the company comments. When fully operational, the plant will produce additives for the rubber and plastics industries, with special emphasis on tyres. The products will at first be exported predominantly into the Asia-Pacific and European markets, according to Michael Wolers, managing director of Performance Additives. However, the company hopes that the US market for its products will develop over the next few years, to the point where local consumption accounts for about 30% of the output from the New Philadelphia plant with the rest exported, he says. The new facility will initially have a staff of eight, with this figure likely to rise to 15–20 during 2012. Commenting at the opening ceremony, Wolers cited logistics and the availability of a highly qualified work force in the region among the reasons for the choice of New Philadelphia as the location for the plant. Since its founding in 1999 until this year, Performance Additives has focused its manufacturing activities in Malaysia, close to the source of key palm-derived raw materials. It has a state-of-the-art plant, as well as its head office, just outside capital Kuala Lumpur. Its range of Ultra-plast TP products for plastics and rubber includes blending/dispersing agents, internal lubricants,
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Additives for Polymers
processing aids, metal soap and slip/antiblock agents. It also manufactures a number of products for wood–plastic composites [ADPO, September 2009]. Earlier in 2011, the company acquired part of the Flexsys rubber chemicals business – namely, the DTC (dithiocarbamate) and TBzTD (tetrabenzyl thiuramdisulfide) businesses – from Solutia Inc, which at the time was described as a ‘quantum leap’ into expanding its worldwide portfolio for the rubber and latex industry. The acquisition included a manufacturing plant in Termoli, Italy. Now with the plant coming on stream in North America, Performance Additives comments that it will be globally positioned on three continents. Contact: Performance Additives Sdn Bhd, Selangor, Malaysia. Tel: +60 3 80263481, Web: www.performance-additives.com
H.I.G. Capital acquires Dow’s Haltermann Products
F
unds advised by H.I.G. European Capital Partners GmbH, part of global private equity firm H.I.G. Capital, have acquired the business of Haltermann Products from The Dow Chemical Company. The purchased company is a Germany-based producer of hydrocarbon chemicals as well as test and reference fuels, with two state-of-the-art manufacturing sites in Hamburg and Speyer. Haltermann generates annual revenues of more than E150 million and produces refinery products for use in plastics processing, graphic arts, automotive applications, pharma, fine chemicals, electronics, cosmetics and coatings. It is a key supplier of high-purity n- and i-pentanes as well as cyclopentanes that are used as blowing agents for the production of polyurethane foams serving an everincreasing need for insulation and energy conservation, H.I.G. Europe comments. The company was founded in Hamburg in 1898 as Johann Haltermann Mineralöl AG and enjoys long and mutually successful customer relationships with leaders in their respective industries. H.I.G. Europe says it will continue to build on Haltermann’s brand within the chemical industry and will focus on growth outside its core German market as well as the extension of the company’s product portfolio. To be known in future as Haltermann GmbH,
October 2011
Initial offerings available via Hubron include non-phthalate Proviplast 2388 di-ethylhexyl-terephthalate and biobased ester Proviplast 1944 dibutyl sebacate. Proviron has also recently established a presence in China, opening an office in Hangzhou to both sell its finished products and purchase raw materials on the Chinese market. Contact: Hubron Speciality Ltd, Manchester, UK. Tel: +44 161 681 2691, Web: www.hubronspeciality.com Or contact: Proviron Industries NV, G. Gilliotstraat 60, 2620 Hemiksem, Belgium. Tel: +32 3 870 88 20, Fax: +32 3 877 23 33, Web: www.proviron.com
Performance Additives unveils first US manufacturing facility
B
ehn Meyer company Performance Additives has opened its first US production plant, in New Philadelphia, OH, USA. The facility is located on an area of 3.5 acres, with plenty of space for future expansion, the company comments. When fully operational, the plant will produce additives for the rubber and plastics industries, with special emphasis on tyres. The products will at first be exported predominantly into the Asia-Pacific and European markets, according to Michael Wolers, managing director of Performance Additives. However, the company hopes that the US market for its products will develop over the next few years, to the point where local consumption accounts for about 30% of the output from the New Philadelphia plant with the rest exported, he says. The new facility will initially have a staff of eight, with this figure likely to rise to 15–20 during 2012. Commenting at the opening ceremony, Wolers cited logistics and the availability of a highly qualified work force in the region among the reasons for the choice of New Philadelphia as the location for the plant. Since its founding in 1999 until this year, Performance Additives has focused its manufacturing activities in Malaysia, close to the source of key palm-derived raw materials. It has a state-of-the-art plant, as well as its head office, just outside capital Kuala Lumpur. Its range of Ultra-plast TP products for plastics and rubber includes blending/dispersing agents, internal lubricants,
6
Additives for Polymers
processing aids, metal soap and slip/antiblock agents. It also manufactures a number of products for wood–plastic composites [ADPO, September 2009]. Earlier in 2011, the company acquired part of the Flexsys rubber chemicals business – namely, the DTC (dithiocarbamate) and TBzTD (tetrabenzyl thiuramdisulfide) businesses – from Solutia Inc, which at the time was described as a ‘quantum leap’ into expanding its worldwide portfolio for the rubber and latex industry. The acquisition included a manufacturing plant in Termoli, Italy. Now with the plant coming on stream in North America, Performance Additives comments that it will be globally positioned on three continents. Contact: Performance Additives Sdn Bhd, Selangor, Malaysia. Tel: +60 3 80263481, Web: www.performance-additives.com
H.I.G. Capital acquires Dow’s Haltermann Products
F
unds advised by H.I.G. European Capital Partners GmbH, part of global private equity firm H.I.G. Capital, have acquired the business of Haltermann Products from The Dow Chemical Company. The purchased company is a Germany-based producer of hydrocarbon chemicals as well as test and reference fuels, with two state-of-the-art manufacturing sites in Hamburg and Speyer. Haltermann generates annual revenues of more than E150 million and produces refinery products for use in plastics processing, graphic arts, automotive applications, pharma, fine chemicals, electronics, cosmetics and coatings. It is a key supplier of high-purity n- and i-pentanes as well as cyclopentanes that are used as blowing agents for the production of polyurethane foams serving an everincreasing need for insulation and energy conservation, H.I.G. Europe comments. The company was founded in Hamburg in 1898 as Johann Haltermann Mineralöl AG and enjoys long and mutually successful customer relationships with leaders in their respective industries. H.I.G. Europe says it will continue to build on Haltermann’s brand within the chemical industry and will focus on growth outside its core German market as well as the extension of the company’s product portfolio. To be known in future as Haltermann GmbH,
October 2011