A. Schulman Inc. has added a pair of new production lines and a fully automated packaging line at its plant in Kerpen, Germany.
Both of the production lines use twin-screw extruders, officials with Fairlawn, Ohio-based Schulman said in a Feb. 8 news release. The additional compounding capacity “will address continued growth in high-performance compounds,” said Senior Vice President Heinrich Lingnau.
The investment also supports increasing customer demand in the automotive and electrical and electronic markets, added Lingnau, who also serves as general manager of the Europe, Middle East and Africa region for Schulman.
“This investment is aligned with the expansion of our product portfolio, and in particular with production of our new range of Ecotran [polyphenylene sulfide] compounds,” he said.
Schulman ranks as a leading compounder and concentrate maker in both North America and Europe, as well as a leading European resin distributor. The firm employs 5,000 worldwide and posted sales of $2.4 billion in it 2015 fiscal year.
By Frank Esposito
Source: Plastics News
The investment enables the steam cracker to increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production. The move supports the Borealis Strategy 2030 for a circular economy. The Porvoo investment program is expected to be completed in 2025.
Murray Auchincloss, bp’s CEO, said in a statement: “As I set out in February, BP’s destination from IOC [international oil company] to IEC [integrated energy company] is unchanged – and we need to deliver as a simpler, more focused, and higher-value company.
Founded in 1972, Tecnofilm has expanded its product portfolio over the years to offer a wider range of compounds and functional polymers for various industrial applications and technical articles. The company has patented several of its products.
