TAGS: Sustainability / Natural Adhesives
Ingevity Corporation will increase caprolactone monomer capacity at its facility in Warrington, U.K.. The company expects to increase its global monomer production capacity over 20% through a series of optimization projects over the next 12 months. The capacity expansion will position the company to better meet demand and more effectively serve customers.
Meeting Customer Demand for Sustainable Solutions
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We continue to experience growth in demand for the high-performance, sustainable solutions in our engineered polymers Capa® portfolio,” said Mike Smith, executive vice president and president, Performance Chemicals.
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We are committed to continued investment in innovation, production and customer partnerships to meet the expanding requirements of customers in a variety of end-use markets,” Smith added that the company will open an innovation center in Warrington at the end of 2021 and add polyol production capabilities at its DeRidder, Louisiana, facility in the second quarter of 2022.
Capacity Expansion to Improve Monomer Supply
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This capacity expansion in Warrington will better position Ingevity to meet increased global demand for our Capa® derivative technologies, improve the reliability of monomer supply in the merchant market and enhance service for customers across the globe,” said Steve Hulme, Ingevity’s vice president, engineered polymers.
Ingevity operates in two reporting segments: Performance Chemicals, which includes specialty chemicals and engineered polymers, and Performance Materials, which includes high-performance activated carbon. These products are used in a variety of demanding applications, including asphalt paving, oil exploration and production, agrochemicals, adhesives, lubricants, publication inks, coatings, elastomers, bioplastics and automotive components that reduce gasoline vapor emissions.
Source: Ingevity