Canadian Plastics

Clariant partners with Lummus Novolen for PP catalyst line

Swiss chemical maker Clariant International Ltd. and Germany-based Lummus Novolen Technology GmbH are jointly investing in a new polypropylene (PP) catalyst production line at Clariant’s catalyst production hub in Louisville, Kentucky,

August 30, 2013   Canadian Plastics

Swiss chemical maker Clariant International Ltd. and Germany-based Lummus Novolen Technology GmbH are jointly investing in a new polypropylene (PP) catalyst production line at Clariant’s catalyst production hub in Louisville, Kentucky,

The companies are investing approximately 65 million Swiss francs (US$70 million) in the line, which is expected to be on stream in 2015

“The strategic partnership with Lummus Novolen is a significant milestone for the catalyst business. It strengthens our competitive position in a market with future perspectives and strong growth rates,” said Hariolf Kottmann, CEO of Clariant, in a press release

According to Clariant, the two companies expect the PP Ziegler-Natta catalyst market to continue the high growth pace shown over the last decade with estimated growth rates of more than five per cent in the next five years.


Print this page

Related Stories

Leave a Reply

Your email address will not be published. Required fields are marked *

*