Huntsman to Install Hot-cast Elastomer Equipment at R&D Tech Centers
Düsseldorf, GERMANY – Global chemical company Huntsman today revealed plans to install a CASTECH™ hot-cast elastomer processing machine at three of its regional technical centers.
In a move that will increase opportunities for customer collaboration on elastomer-based research and development (R&D) projects, Huntsman intends to install a CASTECH™ machine at its European polyurethane headquarters in Everberg, Belgium; at its Auburn Hills site in Michigan, USA; and at its Chemistry R&D Center in Shanghai, China.
Huntsman Tecnoelastomeri, the Italian systems house that was acquired by Huntsman in 2015, produces CASTECH™ machines – an advanced equipment solution for the efficient processing of hot-cast polyurethane elastomers and microcellular elastomer foams.
Details of the strategic investment were revealed at K2016 in Düsseldorf, Germany, where the Huntsman Tecnoelastomeri team is promoting its equipment portfolio alongside its proprietary range of TECNOTHANE™ engineering elastomers.
Dr. Riccardo Cira, Commercial and Marketing Manager at Huntsman, said: “Installing three CASTECH™ machines at strategic locations in our global R&D network is an important step forward in the globalization of the Huntsman Tecnoelastomeri business. When we acquired the system house it already had a very successful business model in place – focused predominantly on the European market for hot-cast elastomers. With the team now embedded into Huntsman, our objective is to replicate their commercial achievements in other parts of the world. By installing a CASTECH™ machine in each region we are putting our R&D and prototyping capabilities exactly where our customers need them, increasing opportunities for engagement on innovation projects. We are also developing the team’s global production and supply chain capabilities.”
Hot-cast elastomers are widely used in industrial applications. Providing good chemical resistance and mechanical, dynamical performance, they are typically employed in the manufacture of wheels, seals, technical parts, rolls; mining, oil and gas equipment; and bumpers and rail pads.
Earlier this year Huntsman Tecnoelastomeri announced it was working with Raeder Vogel, one of the world's largest producers of industrial wheels and castors. With help from Huntsman Tecnoelastomeri, Raeder Vogel has expanded its product portfolio to include a family of extra-large custom-made wheels with a diameter in excess of one meter.
Visitors to K2016 can find out more about Huntsman Tecnoelastomeri at Stand A05 in Hall 5 of the Düsseldorf Messe.
CASTECH™ and TECNOTHANE™ are trademarks of Huntsman International LLC or its affiliates.
© Copyright 2016. Huntsman International LLC or its affiliates. All rights reserved.
About Huntsman:
Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2015 revenues of approximately $10 billion. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 100 manufacturing and R&D facilities in approximately 30 countries and employ approximately 15,000 associates within our 5 distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
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Forward-Looking Statements:
Statements in this release that are not historical are forward-looking statements. These statements are based on management's current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company's operations, markets, products, services, prices and other factors as discussed in the Huntsman companies' filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.
CONTACT:
Ilse Vanden Brande
Tel: + 32 (0) 2 758 94 20
Email: ilse_vanden_brande@huntsman.com