MIDDLEBURY, Conn.—Addivant L.L.C. is investing in capacity and technology at facilities in China, South Korea and Saudi Arabia.
The firm said the investments are in response to escalating demand for its polymer additive products.
The company said its formulation center in Shandong, China, will open on Aug. 1 and offer the latest in form-giving technology—including Addivant's non-dust blends NDB and equipment. Shandong will complement the firm's existing formulation centers in North America, Europe and the Middle East.
The firm recently completed the first stage of a series of capacity expansions at its Pyongtaek, South Korea facility in February. Phosphite antioxidant Alkanox 240 was increased by 40 percent with further expansion scheduled for completion early 2015.
Gulf Stabilizers Industries—Addivent's Al Jubail, Saudi Arabia joint-venture with Zamil ChemPlast—completed the first phase of its capacity expansion in March. Once the expansion process is complete, capacity of hindered phenolic antioxidants, Anox 20 and Anox PP18; and phosphate antioxidant Alkanox 240 will double to 10,500 metric tons. Expansion of Anox NDB is also scheduled for 2015.
Addivant plans to announce these developments at Chinaplas 2014 in Shanghai and showcase a number of products from its various lines.
Addivant is the former antioxidant, polymer modifiers and UV stabailizer business of Chemtura Corp. It consists of 11 plants on five continents with research, manufacturing and sales facilities around the globe.