be called Ashland Specialty Ingredients.
Going forward, Ashland Specialty Ingredients is expected to contribute roughly
half of Ashland’s EBITDA. In addition, approximately half of Ashland’s overall revenues will now be derived outside of
North America.
An integration team with key representatives of both companies is being led by
John Panichella, president of the new Ashland Specialty Ingredients business. Ashland anticipates approximately $50
million in annual run-rate savings by the
end of the second year through eliminating redundancies and capturing operational efficiencies.
“The addition of ISP greatly expands
the breadth of our technology platforms
and provides new resources and capabilities to better capitalize on market opportunities,” added Panichella. “In particular,
we now can offer our customers one of
the broadest, most functional portfolios of
water-soluble polymers in the world.”
Celanese Emulsions opens
technology center in
Florence, KY
The Emulsion Polymers business of
Celanese Corporation has moved its appli-
cation technology group in the Americas to
a state-of-the-art facility in the greater
Cincinnati area. Celanese Emulsions will
join technology teams from Ticona, the en-
gineering polymers business of Celanese,
and Celanese EVA Performance Polymers
at the site in Florence, Kentucky.
Dow increases capacity of
glycidyl methacrylate
The Performance Monomers business of
The Dow Chemical Company announced
a 10% increase in capacity for the production of glycidyl methacrylate (GMA)
at its Freeport, Texas facility. This results
from a successful debottlenecking initiative that addresses Dow's need to increase
GMA capacity for its strategic customers.
Key drivers for this effort include improving process and mechanical reliability.
"Through the GMA debottlenecking initiative, Dow made significant process and reliability
improvements, which delivered a
considerable increase in plant capacity in
less than a year,” said David Mongrue,
global business manufacturing director
for Performance Monomers. “This further
reinforces Dow's commitment towards
delivering on our strategy of being a
highly reliable organization and growing
with our strategic customers."
Dow is currently the leading worldwide supplier of GMA, which is a high
purity, dual functionality monomer ideally
suited for coating and resin applications.
Primary applications for GMA include
automotive and powder coatings, radiation curable coatings, waterborne resins,
industrial and protective finishes, appliance and hardware finishes, adhesives,
electrical laminates, hydrogenated LER
substitutes as well as plastic modifiers.
BioAmber to begin a biobased
succinic acid plant in Ontario
BioAmber Inc., through its subsidiary
Bluewater Biochemicals, has selected Sarnia, Ontario, Canada as the location for
its first North American biosuccinic acid
plant. The Sarnia plant will have an initial
capacity of 17,000 MT and will be commissioned in 2013. Permitting work for
the plant was initiated in June 2011.
BioAmber currently produces and sells
Reactive Surfaces offers DeGreez technology
to industry
Reactive Surfaces is presently conducting a technology auction
through Chemark Consulting for its DeGreez additive technology. When formulated into a wide variety of coated surfaces,
from countertops to touch screens, floors to automobile interiors, these additives functionalize such surfaces so that they
exhibit a long-term, stable capability to remove natural greases,
oils and fats from the treated substrate creating a self-degreasing effect.
The DeGreez technology offering is being made to more
than 100 companies with strengths in relevant markets, and is
based on the acquisition by the purchaser of all rights and ti-
tles under an extensive intellectual property portfolio necessary
to maximize the owner’s worldwide exclusivity to the technol-
ogy in the newly-emerging, self-degreasing coatings markets.
www.coatingsworld.com
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