Ashland Performance Materials (Columbus, Ohio) took full control of the Brazilian company Ara Química in late April, concluding the joint venture entered into in 1999 when Ara Ashland was created. Ashland Inc. has five sites in Brazil. The manufacture of polyester resins occurs in Araçariguama, in the state of São Paulo. Other activities, such as the production of phenolic resins for the foundry industry and chemicals for water treatment and paper technologies, are located in Campinas, Paulínia, Leme and Americana.
Editor PickŞişecam invests in new glass fiber plant in Turkey
The new plant, which will have an annual production capacity of 70,000 metric tons, is expected to become operational in the second half of 2018.