Ashland to bring European modified acrylic resins production in-house

21-May-09
Ashland Performance Materials, a commercial unit of Ashland Inc., will transfer the European production of its Modar® modified acrylic resins into its wholly-owned manufacturing facility in Sauveterre, France. The decision comes after a recent announcement by Ashland's joint venture with Süd-Chemie (Ashland-Avèbéne) to close a facility where Modar resins were being manufactured for the European market. The closure of facility is expected to come by July end. Ashland Performance Materials is the global leader in unsaturated polyester resins and epoxy vinyl ester resins. In addition, it provides customers with leading technologies in gelcoats, pressure-sensitive and structural adhesives, and metal casting consumables and design services. Ashland expects the transfer of Modar® resins production in-house to be completed by this fall. Modar resins, which are used primarily for the mass transit and rail industries, provide engineers and building architects with the ability to meet strict low-flame, low-smoke/toxicity construction requirements. Modar resins are available in a variety of formulations for optimum performance in numerous processes, including contact molding, filament winding, and pultrusion and infusion applications.
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