Modern Plastics Worldwide - October 2007 - dae uptlax

FIRST LOOK
backed by Crownbrook Capital, made
Debco Plastics Inc. (Freeport, NY) its
first acquisition. Nicos works with postindustrial
scrap, partnering with large
and small manufacturers and retailers
for full-stream recycling services, including
logistics, grinding, pulverizing,
blending, and substrate separation.
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Debco’s core competency is in compounding
and pelletizing a variety of
resins, and it has reclaimed several resins
including thermoplastic polyolefin
(TPO), polyvinyl chloride (PVC), and
polystyrene (PS). The company returns
the resins to a reprocessible state. In
addition, Debco provides fiber removal
Industry News & Analysis
from garden hoses, roofing membranes,
and other supported fabrics.
Rohm and Haas creates
Korean flat-panel film JV
As part of its efforts to create a flat-panel
display business, Rohm and Haas Co.
(Philadelphia) has started a joint venture
with Korean firm SKC Inc. (Seoul),
wherein SKC will spin off its display technologies
business into a separate unit
owned 51% by Rohm and Haas. Rohm
and Haas previously purchased the
process chemicals and optical display
films business of Eastman Kodak.
Sales for the joint venture are forecast
to be $300 million in its first year, with
Rohm and Haas investing $190 million.
Products will include specialty display
films for LCD and plasma displays, as
well as pigment dispersions, TFT photoresists,
and color filter chrome patterning.
According to the Freedonia Group
(Cleveland, OH), global demand for electronic
display materials will grow 12%
annually through 2008, as cathode ray
tube (CRT) monitors and televisions are
increasingly replaced with flat panels.
New PET
supply for
North America
PET supplier M&G Group (Tortona,
Italy) is expanding PET production in the
U.S. with an 800,000-tonnes/yr plant to
be built at a still-undisclosed location.
The company claims that PTA feedstock
supplies have already been secured,
enabling startup of the facility in the first
half of 2009 with an output of 650,000
tonnes/yr. In other news from the company,
it plans to debottleneck both its West
Demand for PET bottles is increasing, leading
M&G to expand U.S. output.
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