Addivant(TM) Increases Capacity for Its High-Performance Polymer Antioxidant ULTRANOX® 626
(Thomson Reuters ONE) -
DANBURY, Conn., Nov. 15, 2017 (GLOBE NEWSWIRE) -- Addivant(TM), a world leading
supplier of phosphite antioxidants for plastics, announced today that it has
expanded by over 40% the production capacity of its high-performance antioxidant
ULTRANOX® 626 at their Morgantown, WV plant in the USA.
Additionally, Addivant is pursuing the extension of global food contact
approvals for ULTRANOX® 626, allowing for a broader use in food packaging.
ULTRANOX® 626 is a high-performance, organophosphite antioxidant used in a wide
variety of polymers including polyolefins, elastomer and engineering plastics.
ULTRANOX® 626 has a higher phosphorus concentration than traditional phosphite
antioxidants. It can therefore be used at lower concentration, resulting in low
migration and low volatile-content plastics, which are major requirements of the
packaged food and automotive markets.
In this same context, Addivant announced earlier this year the completion of the
3-fold expansion of its polyethylene and elastomer food contact antioxidant
WESTON® 705, reinforcing its commitment to the polymer industry.
Addivant(TM) is dedicated to Responsible Care®, the chemical industry's
initiative to protect the environment; while ensuring the safety and security of
our operations; and safeguarding the health and safety of our employees and
neighboring communities. The goal is to make continuous progress toward the
vision of no accidents, injuries or harm to the environment. As active and
responsible members of the communities in which we operate, Addivant(TM) is
committed to open communication with our employees and neighbors. The company
monitors the safe production, transportation, and use of its products. Employees
are comprehensively trained to do their jobs safely and with minimum impact on
the environment. We care about the future - for all of us. To learn more about
WESTON® 705, visit https://www.weston705.com/
Company Contacts:
Americas: Beverly Kindermann: +1 203 702 6182
Europe: David DeCorte: +32 479 456 386
Asia Pacific: Bill Xu: +86 21 6032 6822
About Addivant(TM)
Addivant(TM) is an innovator in the field of polymer additives, developing
customized solutions that provide customers enhanced application performance,
safe handling, and reduction in cost of use. The company is recognized industry-
wide for its extensive portfolio of specialty additives including antioxidants,
light stabilizers, rubber additives, polymer modifiers, metal deactivators,
polymerization inhibitors, and intermediates. Addivant is an international
company with 11 plants on five continents, as well as research, manufacturing,
and sales facilities around the globe. The company maintains its global
headquarters in Connecticut, USA, with regional headquarters in Al Jubail, Saudi
Arabia, Basel, Switzerland, and Shanghai, China. Addivant is an independent
portfolio company of SK Capital.
About SK Capital
Visit www.skcapitalpartners.com for more information.
ADDIVANT(TM), WESTON®, and ULTRANOX® are trademarks of Addivant.
Press Contact:
Joseph Grande
J. Grande communications Inc.
mailto: joe(at)jgrandecommunications.com +413.684.2463
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Addivant via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 15.11.2017 - 15:02 Uhr
Sprache: Deutsch
News-ID 568316
Anzahl Zeichen: 3901
contact information:
Town:
Danbury
Kategorie:
Business News
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"Addivant(TM) Increases Capacity for Its High-Performance Polymer Antioxidant ULTRANOX® 626"
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