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SABIC boosts Stamax capacity
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SABIC boosts Stamax capacity GROWING demand from the automotive industry has prompted SABIC to increase production capacity for STAMAX® P reinforced thermoplastic to 35 000 tonnes a year. A second production line will be added to the STAMAX BV compounding facilities in Genk, Belgium, where the long glass fibre reinforced polypropylene (PP) is produced. Construction of the new production line has begun and is expected to be finished early next year. The investment involved in the expansion has not been disclosed. Sabic says market growth for STAMAX P is much higher than that for other automotive polymers. The material can be used to make front-end modules, dashboard carriers, door modules and under-body shielding. Recent applications are the front-end modules on the 2003 Porsche Cayenne and Volkswagen's Tourareg sport
course
A door module made using StaMax P.
utility vehicles (Reinforced Plastics, June 2003, page 23). DSM Petrochemicals (now part of SABIC EuroChemicals) and glass fibre producer Owens Corning founded STAMAX BV as a joint venture in 1998 and set up the production line in Genk. SABIC acquired full ownership of STAMAX BV in March this year. Owens Corning will continue to supply the PerforMax® long glass fibres used to produce the material. SABIC EuroPetrochemicals is part of SABIC, the Middle East's largest petrochemicals company, based in Riyadh, Saudi Arabia. SABIC EuroPetrochemicals; website: www.sabic-europe.com.
Huntsman renames Vantico CHEMICALS giant Huntsman has taken full operational and financial control of the Vantico group of companies and has renamed the business Huntsman Advanced Materials. The business will be managed as part of Huntsman's Polyurethanes and Specialties Division. Huntsman Advanced Materials (Vantico) supplies materials for coatings and structural composites (epoxy and thermoset resins), Araldite® adhesives, tooling, electrical and electronic insulation materials. MatlinPatterson Global Opportunity Partners completed the restructuring of Vantico and the transfer of the business
Steer a new
to HMP Equity Holdings, its partnership with Huntsman, at the end of June. The restructuring involved the exchange of debt for equity and CHFr150 million in new cash being put into the business and is said to restore the business’ balance sheet to full health. MatlinPatterson and Huntsman now own approximately 90% of the business; various stakeholders own the remainder. With the addition of Vantico, Huntsman has revenues of over US$8 billion and more than 15 000 employees. Huntsman Polyurethanes & Specialties; website: www.huntsman.com/pu/
Innovation in boat design and manufacture demand our glassfibre reinforcements. Using many combinations of materials and processes, we’ll help you achieve the most effective solution. For more information, contact: [email protected]
Ahlstrom FiberComposites division Karhula Plant P.O. Box 18, FIN-48601 Karhula FINLAND Tel : +358 5 224 2444 Fax: +358 5 226 1387
Ahlstrom FiberComposites division Mikkeli Plant Insinöörinkatu 2 FIN-50100 Mikkeli FINLAND Tel : +358 15 354 21 Fax: +358 15 354 2900
www.ahlstrom.com/fibercomposites
FiberSolutions
RES No. 312 – USE THE FAST NEW ENQUIRY SERVICE @ www.reinforcedplastics.com September 2003
REINFORCEDplastics
13
27/08/2003
14:53
Page 13
SABIC boosts Stamax capacity GROWING demand from the automotive industry has prompted SABIC to increase production capacity for STAMAX® P reinforced thermoplastic to 35 000 tonnes a year. A second production line will be added to the STAMAX BV compounding facilities in Genk, Belgium, where the long glass fibre reinforced polypropylene (PP) is produced. Construction of the new production line has begun and is expected to be finished early next year. The investment involved in the expansion has not been disclosed. Sabic says market growth for STAMAX P is much higher than that for other automotive polymers. The material can be used to make front-end modules, dashboard carriers, door modules and under-body shielding. Recent applications are the front-end modules on the 2003 Porsche Cayenne and Volkswagen's Tourareg sport
course
A door module made using StaMax P.
utility vehicles (Reinforced Plastics, June 2003, page 23). DSM Petrochemicals (now part of SABIC EuroChemicals) and glass fibre producer Owens Corning founded STAMAX BV as a joint venture in 1998 and set up the production line in Genk. SABIC acquired full ownership of STAMAX BV in March this year. Owens Corning will continue to supply the PerforMax® long glass fibres used to produce the material. SABIC EuroPetrochemicals is part of SABIC, the Middle East's largest petrochemicals company, based in Riyadh, Saudi Arabia. SABIC EuroPetrochemicals; website: www.sabic-europe.com.
Huntsman renames Vantico CHEMICALS giant Huntsman has taken full operational and financial control of the Vantico group of companies and has renamed the business Huntsman Advanced Materials. The business will be managed as part of Huntsman's Polyurethanes and Specialties Division. Huntsman Advanced Materials (Vantico) supplies materials for coatings and structural composites (epoxy and thermoset resins), Araldite® adhesives, tooling, electrical and electronic insulation materials. MatlinPatterson Global Opportunity Partners completed the restructuring of Vantico and the transfer of the business
Steer a new
to HMP Equity Holdings, its partnership with Huntsman, at the end of June. The restructuring involved the exchange of debt for equity and CHFr150 million in new cash being put into the business and is said to restore the business’ balance sheet to full health. MatlinPatterson and Huntsman now own approximately 90% of the business; various stakeholders own the remainder. With the addition of Vantico, Huntsman has revenues of over US$8 billion and more than 15 000 employees. Huntsman Polyurethanes & Specialties; website: www.huntsman.com/pu/
Innovation in boat design and manufacture demand our glassfibre reinforcements. Using many combinations of materials and processes, we’ll help you achieve the most effective solution. For more information, contact: [email protected]
Ahlstrom FiberComposites division Karhula Plant P.O. Box 18, FIN-48601 Karhula FINLAND Tel : +358 5 224 2444 Fax: +358 5 226 1387
Ahlstrom FiberComposites division Mikkeli Plant Insinöörinkatu 2 FIN-50100 Mikkeli FINLAND Tel : +358 15 354 21 Fax: +358 15 354 2900
www.ahlstrom.com/fibercomposites
FiberSolutions
RES No. 312 – USE THE FAST NEW ENQUIRY SERVICE @ www.reinforcedplastics.com September 2003
REINFORCEDplastics
13