MALMO, Sweden (Oct. 24, 2011)—Hexpol A.B. said it is adding a mixing line to its Hexpol Compounding plant in Qingdao, China.
The line will double production capacity at the site, the firm reviewed in a quarterly financial report. No other details of the project were disclosed.
The firm said it has experienced strong growth in China and Asia in general. The Qingdao expansion is in addition to one announced last summer at Hexpol's Elasto unit, a project to add thermoplastic elastomer compounds at a site in Foshan, near Guangzhou, China.
At that plant, Elasto will make Dryflex-brand compounds, used in household, automotive, construction, toy, telecommunication and caps and closures applications.