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GREAT LAKES EXPANDS PRODUCTION CAPACITY FOR LOWINOX 1790 HIGH PERFORMANCE PHENOLIC ANTIOXIDANT
30 September 2004 - Great Lakes Chemical Corporation
| Great Lakes Chemical Corporation has recently expanded production capacity at its Pyongtaek, Korea, plant due to growing demand for its Lowinox 1790 high performance phenolic antioxidant that is used in polyurethane fibers and polyolefins applications. |
Great Lakes Chemical Corporation has recently expanded production capacity at its Pyongtaek, Korea, plant due to growing demand for its Lowinox 1790 high performance phenolic antioxidant that is used in polyurethane fibers and polyolefins applications. “Making an investment to increase production capacity of this key antioxidant supports the emerging needs of both the polymer industry and, particularly, our customers in the polyurethane fibres and polyolefins markets. This major capacity expansion for Lowinox 1790 further ensures that Great Lakes can meet future demand for this product,” said Maurizio Butti, executive vice president of polymer stabilizers. The additional capacity at Pyongtaek is fully installed and production of Lowinox 1790 is in full stream. This latest investment makes Great Lakes the world’s leading producer of this type of high performance phenolic antioxidant, with production capacities in both Europe and Asia. The Pyongtaek plant is part of Asia Stabilizers, a joint venture majority owned and managed by Great Lakes with a strong partner Miwon Commercial, for the production of UV stabilizers, main and specialty antioxidants, and additive blends.
http://www.pa.greatlakes.com
About: Great Lakes Chemical Corporation
Great Lakes Chemical Corp’s products and services help treat and purify water, eliminate germs and contaminants from household surfaces, protect against and extinguish fire, and enhance the stability and performance of a wide range of consumer products, such as computers, electronics, cars, packaging, building materials, and furniture. It serve its customers around the world through an integrated network of research, production, sales, distribution and technical services facilities. The stock of the company is traded on the New York Stock Exchange. Great Lakes Chemical Corporation is the world’s leading producer of certain specialty chemicals for such applications as water treatment, household cleaners, flame retardants, polymer stabilizers, fire suppression, and performance chemicals. Through its Polymer Additives division, Great Lakes offers a full line of UV stabilizers, antioxidants, additive blends , nucleating agents/clarifiers, and optical monomers, as well as a leading line of flame retardants that include bromine-, phosphorus-, and antimony-based flame retardants and other synergists. These are available as powder blends or in NDB (No Dust Blend) granular form. Each blend contains exactly the correct composition of additives required to achieve optimum polymer quality and productivity. |
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