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Ascend outlines growth initiatives, specialty products

July 08/2019

MOSCOW (MRC) -- Ascend Performance Materials announced growth plans - including new specialty polymers initiatives, capacity expansions and global developments - at a pre-K 2019 press conference in late June in Antwerp, Belgium, as per the company's press release.

Representatives of Ascend, the largest fully integrated producer of polyamide 66 resin, also touted sustainability efforts.

Among the companys new products are high-heat and long-chain polyamides, an inherently antimicrobial polymer for fiber production, expanded recycled-content offerings and additional flame-retardant grades of its Vydyne PA66.

Scott Rook, senior vice president of Ascends commercial divisions, also discussed expansion plans.

"We have always been focused on meeting our customers needs," Rook said. "Our adiponitrile expansions will keep pace with increasing demand for PA66 and support our growing specialty polymers and chemicals businesses. We are developing new products to help our customers meet new challenges." Ascend recently announced progress on a 90kt ADN expansion plan at its facility in Decatur, Alabama.

The company continues to expand globally, adding technical capabilities in Europe and Asia to develop solutions with customers in the regions. Ascend began operating its first production facility outside the US after purchasing a compounder in Tilburg, Netherlands, last year.

"We continue to invest in local resources to be closer to our customers. We have reorganized our regional teams and expanded our supply chain to address the increasing global demand," Rook said.

Ascend is also intent on reducing its environmental footprint. The companys 2018 sustainability report highlighted energy and emissions reductions, and Rook reiterated the companys commitment to sustainability.

"We are in advanced discussions to implement co-generation units at our Decatur plant, and weve expanded our recycled-content product portfolio. We have an obligation to our employees, their families, our neighbors and our customers to use resources responsibly and add value where we can," Rook said.

As MRC wrote previously, in May 2016, Ascend Performance Materials said it had put plans to build a propane dehydrogenation (PDH) plant on hold because of market conditions. The two-train project at Chocolate Bayou, TX, with a combined capacity of more than 1 million m.t./year of propylene, was expected to become the largest such facility in the United States and cost an estimated USD1.2 billion. It has already been delayed once from the original onstream date of 2016 to mid-2019. Ascend is expected to use the UOP Oleflex PDH technology.

Ascend Performance Materials is a global leader in the production of Nylon 6,6.


mrcplast.com
Author:Margaret Volkova
Tags:propylene, compounding, poliamid, Ascend Performance Materials, Polyamide PA66, Belgium, USA.
Category:General News
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