Ashland expands global Natrosol(TM) hydroxyethylcellulose production
(Thomson Reuters ONE) -
WILMINGTON, Del. - Ashland Inc. (NYSE: ASH) is responding to strong demand for
Natrosol(TM) hydroxyethylcellulose (HEC) by expanding HEC production across its
global network through capacity additions at its facilities in Nanjing, China,
and Zwijndrecht, the Netherlands. The new capacity of 7,000 metric tons being
added will further reinforce Ashland's leading position in the market and will
enable the company to continue supporting the growing needs of its customers. In
addition, Ashland is increasing production of its Natrosol(TM) Plus
hydrophobically modified HEC product line at its Parlin, N.J., plant.
Natrosol(TM) HEC is a cellulosic polymer used as an additive in a wide variety
of water-based consumer and industrial products including latex paints, paper
coatings and personal care items such as shampoos and shower gels. As the global
leader, Ashland has four dedicated HEC manufacturing facilities located in the
U.S., the Netherlands and China that enable Ashland to respond to changing
market requirements and increase the security of supply to its customers.
"Ashland is committed to having sufficient manufacturing capacity available to
serve our customers," said John Panichella, president,Ashland Specialty
Ingredients. "I am extremely pleased with the success of the Nanjing facility
and particularly proud that we anticipated the needs of the market by building a
world-class hydroxyethylcellulose plant in Asia to support our customers. We had
a very successful Phase 1 start-up of this facility. Now, to help our customers
capitalize on future growth opportunities, we are moving forward with Phase II
of the project to add additional capacity."
"This expansion also reinforces our commitment to offer locally produced,
products backed with superior technical support," said Dale MacDonald, vice
president,Coating Additives, Ashland Specialty Ingredients. "Over the next few
years, Ashland expects steady growth in the field of cellulose ethers driven by
the need for materials that have reduced impact to the environment and are from
renewable resources. As the world's leading producer of cellulose ethers, with
many of our products derived from renewable and natural raw materials, Ashland
is well positioned to meet this increasing market demand."
Ashland Specialty Ingredients offers industry-leading products, technologies and
resources for solving formulation and product performance challenges in key
markets including personal care, pharmaceutical, food and beverage, coatings and
energy. Using natural, synthetic and semi-synthetic polymers derived from plant
and seed extract, cellulose ethers and vinyl pyrrolidones, Ashland Specialty
Ingredients offers comprehensive and innovative solutions for today's demanding
consumer and industrial applications.
In more than 100 countries, the people of Ashland Inc. (NYSE: ASH) provide the
specialty chemicals, technologies and insights to help customers create new and
improved products for today and sustainable solutions for tomorrow. Our
chemistry is at work every day in a wide variety of markets and applications,
including architectural coatings, automotive, construction, energy,
food and beverage, personal care, pharmaceutical, tissue and towel, and water
treatment. Visit www.ashland.com to see the innovations we offer through our
four commercial units - Ashland Specialty Ingredients, Ashland Water
Technologies, Ashland Performance Materials and Ashland Consumer Markets
(Valvoline).
- 0 -
(TM) Trademark of Ashland or its subsidiaries, registered in various countries
FOR FURTHER INFORMATION:
Media Relations
Ken Gordon
+1 614-790-1832
kdgordon(at)ashland.com
Asia Pacific Communications
Helen Pei
+86 21 2402 4863
bpei(at)ashland.com
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Source: Ashland Inc. via Thomson Reuters ONE
[HUG#1554417]
Unternehmensinformation / Kurzprofil:
Datum: 12.10.2011 - 21:15 Uhr
Sprache: Deutsch
News-ID 75611
Anzahl Zeichen: 4785
contact information:
Town:
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Kategorie:
Business News
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"Ashland expands global Natrosol(TM) hydroxyethylcellulose production"
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