World News: 13:00 GMT Monday 20th March 2017. [Ascend Performance Materials via Businesswire via SPi World News]
Ascend Performance Materials announced today it will commission a new bulk loading facility for deliveries of the company’s liquid hexamine product, FlexaTram-HMT, beginning in April.
“Ascend has historically operated North America’s largest hexamine production plant at its Chocolate Bayou facility near Alvin, TX, for captive use. Our new capabilities expand our footprint and allow us to serve more customers throughout North America,” said Finlay Morrison, vice president for specialty chemicals at Ascend.
Ascend’s FlexaTram-HMT offerings available at the new loading facility will include FlexaTram-HMT 100 (low concentration) and FlexaTram-HMT 200 (high concentration). Both products are a part of Ascend’s growing specialty chemical portfolio.
“The development of this new capability will allow us to support the increasing demand for hexamine in the resurging resin-coated proppant market while complementing our existing sales to customers in the foundry space,” added Ben Vaughn, product manager for FlexaTram-HMT.
Ascend has spent the last six months qualifying its FlexaTram-HMT products. The company expects customer shipments to begin in April.
Ascend’s specialty chemicals division manufactures FlexaTrac™ acids and esters, FlexaTram™ amines and FlexaTril™ nitriles. The company also offers several signature products, including Hexatran™, Hextranol™, Prionil™ and Trinohex™.
About Ascend Performance Materials
Ascend Performance Materials is a global premium provider of high-quality chemicals, fibers and plastics. Ascend is one of the world’s largest integrated PA66 producers, with its own in-house manufacturing facilities, ensuring total security of supply. Ascend’s product range has earned it an unequalled reputation for quality, innovative techniques and an enlightened approach to business that expands the horizons of possibility. With eight global locations and more than 3,200 people working at our sites around the world, Ascend has the inspiration, the expertise, the people and the attitude toward innovation to consistently deliver the right solution for customers.
Together, we’re making a difference.
Together, we’re inspiring everyday.
More information about Ascend can be found at www.ascendmaterials.com.
About SK Capital
SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. The firm’s purpose is to build strong and growing businesses that create substantial long-term economic value. SK utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio companies generate revenues of approximately $8 billion annually and employ approximately 9,000 people. The firm currently manages more than $1.5 billion of committed capital. For more information, please visit www.skcapitalpartners.com.
Business Wire: 13:00 GMT Monday 20th March 2017
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