Plasticker-News

Anzeige

Published: 2018-06-21 um 14:52 Uhr Options:   

Nabaltec: Expansion and reorganization of US operations

Nabaltec AG will be significantly expanding its operations in the US. After successful examination of the location, Nabaltec has decided to acquire land and buildings in Chattanooga, Tennessee for the construction of a refined hydroxide production plant with a capacity of about 30,000 tons per year. Naprotec LLC has been formed for this purpose and will serve as a production company. The Group's shares in this company have been contributed to the newly formed subsidiary Nabaltec USA Corporation. Nabaltec will be significantly extending its production portfolio in the US for halogen-free flame retardants. The investment volume for the first phase of the project is expected to amount to about USD 12 million. Based on current estimates, the plant is to be built by mid-2019. Nabaltec expects the new plant to have a positive impact on consolidated earnings one year after it goes online.

Advert

The Group's shares in Nashtec will also be contributed to Nabaltec USA Corporation. Nabaltec USA Corporation will be responsible for performing administrative tasks for all US companies, such as accounting, as well as for overseeing Nabaltec Group's sales activities in North America.

More information: www.nabaltec.de

Nabaltec AG, Schwandorf



Premium-Partner
Latest entries in the buyers guide

Schulungszentrum für Spritzgießtechnik
93161 Sinzing, Germany

wf plastic GmbH
58093 Hagen, Germany

Mold-Masters Europa GmbH
76532 Baden-Baden, Germany

Mold-Masters Europa GmbH
76532 Baden-Baden, Germany

Müller + Weber GmbH Kunststoffgranulate
58840 Plettenberg, Germany

Enter the buyers guide

Current material prices
Average prices of offers
in the material exchange
PE-LD Bales [€/kg]
Latest Top-News
Trade representatives & agencies
If you seek trade representatives or agencies at home and abroad, or would like yourself to offer trade representation, then you will find the optimum area for it here.

3 offers from companies
1 offers from trade representatives

Insert own entries free of charge