MIDDLEBURY, Conn. - Wednesday, February 26th 2014 [ME NewsWire]
(BUSINESS WIRE)-- Today, ADDIVANT™ announced that it will launch its latest "Customer Formulation Center” in Shandong, China. The new facility will be the company’s first in China and will come on stream on August 1, 2014. The center will be available for the latest in "form-giving technology” including the company’s proprietary non dust blends, NDB® and equipment. The center will complement the company’s existing Customer Formulation Centers in North America, Europe and the Middle East.
"The Addivant strategy is to deliver value to its customers through innovative additive solutions. These solutions are designed to improve operational efficiency, enhance application performance and improve health and safety in the work environment by eliminating dust in operations. To expand our leadership position, we are increasing our investment in the areas of R&D to deliver new chemistries and manufacturing: to build new formulation centers that are close to our customers allowing us to tailor our solutions and deliver them quickly and safely. The expansion into China makes tremendous sense given the region’s position in new polymer production and the fast growth of its downstream processing industries,” said Peter Smith, President and CEO of Addivant.
"The new operations in China will join our network of existing formulation centers and will be supported by our worldwide R&D facilities to ensure the very latest technologies are deployed. The facility will be further supported with an increase in our local technical organization who will work alongside our customers to execute on the Addivant mission of delivering Solutions to Breakthrough.” added Smith.
About Addivant
Addivant is recognized industry-wide for its extensive portfolio of specialty additives including antioxidants, light stabilizers, rubber additives, polymer modifiers, polymerization inhibitors and intermediates. Addivant is an international company, with 11 plants on five continents, as well as research, manufacturing and sales facilities around the globe. Addivant is an innovator in the field of polymer additives developing customized solutions that address customers’ specific requirements for application performance, safe handling and cost reduction. The company offers its blended solutions in both solid form (ANOX® NDB®) and liquids. It is the world leader in specialty liquid phosphites (WESTON®). Addivant maintains its global headquarters in Connecticut, USA, with regional headquarters in: Al Jubail, Saudi Arabia; Basel, Switzerland and Shanghai, China. Addivant is an independent portfolio company of SK Capital. Visit www.addivant.com for more information.
ANOX®, ALKANOX®, LOWILITE®, LOWINOX®, NAUGARD®, NDB®, OCTAMINE®, POLYBOND®, ROYALTUF®, ULTRANOX® and WESTON® are brand names of ADDIVANTTM.
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ENDS
Contacts
Addivant
Sergio Palumbo
+41 79 607 8112
Sergio.palumbo@addivant.com
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