Borealis plans to build compounding plant in North Carolina
The officials informed that North Carolina was chosen due to its proximity to the company’s customer base and its business-friendly and supportive environment of the state and county.
Once started up, the new plant will supply automotive OEMs (Original Equipment Manufacturers) and their suppliers in North America and will initially produce PP compounds.
The company also operates a PP compounding site in Port Murray, New Jersey, primarily for the wire and cable market. It also established an automotive compounding line at the same location last year with a capacity of 22 million lb/year.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- PP, PE markets torn between firmer monomers and poor dynamics in Europe
- Peak season closes with modest PP, PE gains in China, except for LDPE’s strong stand
- India finally announces ADD on S-PVC imports: What’s in store for subject countries?
- Turkish PE players hunt for signs of a market bottom amid pending Nov offers
- Freight rates rise after prolonged slump; is this rebound here to say or just a dead cat bounce?
- India’s PVC price range narrows as low-end Chinese offers fade amid ADD speculation
- Slump deepens in European plastics recycling industry
- SE Asia’s PPH regains premium over China after 3 weeks
- Stats: China rapidly expands its share in SE Asia’s PP markets
- Vietnam’s import PE prices rebound over 2 weeks; but demand struggles persist