AlliedSignal completes acquisition of European nylon plastics and fibers production facility.MORRIS TOWNSHIP There are several places named Morris Township in the United States:
AlliedSignal acquires PFR's manufacturing facilities in Rudolstadt, located 150 miles east of Frankfurt/Main. The site, which employs approximately 300 people, manufactures both nylon 6 and nylon 6,6 plastic and fiber, and also polymerizes PET polymer. "The acquisition of the Rudolstadt facility represents a significant step forward in our globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation initiative," said Frederic M. Poses, president, AlliedSignal Engineered Materials. "We will move rapidly to integrate the site into our global production and distribution network so we can better serve the needs of our worldwide customers in fastgrowing markets." Poses said AlliedSignal will invest approximately $140 million over the next three years to upgrade the facility to world class standards World class standards refers to the level of achievement, mainly in math and science, attained by students in the four countries that make up the East Asian Tigers; South Korea, Singapore, Japan, and Taiwan, as well as in Europe. , increase polymer capacity, install plastics compounding capacity, convert fiber spinning from textile to industrial nylon, and construct a plastics application development center. A global leader in nylon technology, AlliedSignal is one of the world's largest producers of nylon 6 resin and is at the forefront of the development of innovative plastic resins and design solutions for use in the automotive, packaging, electrical and lawn and power industries. The company also operates the world's largest caprolactam Caprolactam is an organic compound which is a cyclic amide (or lactam). The primary industrial use of caprolactam is as a monomer in the production of nylon. Most of the caprolactam is synthesised from cyclohexanoxime by a Beckmann rearrangement. and phenol phenol (fē`nōl), C6H5OH, a colorless, crystalline solid that melts at about 41°C;, boils at 182°C;, and is soluble in ethanol and ether and somewhat soluble in water. plants in Hopewell, Virginia and Frankford, Pennsylvania, respectively. AlliedSignal is the world technology leader in polyester fiber for tires. AlliedSignal Polymers currently operates three plastics plants (Chesterfield County, Virginia Chesterfield County is a county located in the Commonwealth of Virginia, a state of the United States. As of the 2006 population estimate, the county's population has risen to 306,000. ; Columbia, South Carolina Columbia is the state capital and largest city of South Carolina. As of 2006, estimates for the population of the city proper is 122,819[1]. Columbia is the county seat of Richland County, but a small portion of the city extends into Lexington County. ; and Sparta, Tennessee) and five nylon and polyester fiber production facilities (Chesterfield County, Virginia; Moncure, North Carolina Moncure is a small, rural area in southeastern Chatham County, NC. The community is located near the confluence of the Deep and Haw River. That confluence forms the Cape Fear River. The B. ; Columbia, South Carolina; Longlaville, France; and Emmen, The Netherlands). The company recently announced a $45 million investment to double the capacity of its Longlaville, France industrial polyester facility by 1997. AlliedSignal also plans to complete the doubling of capacity at its Chesterfield resin facility later this year. According to AlliedSignal, 1994 global consumption of nylon in plastic and fiber applications totaled approximately 10.5 billion pounds, with an estimated market value of $16.5 billion. In 1994, worldwide use of nylon in plastics applications was approximately 2.5 billion pounds, with a total market value exceeding $3.7 billion. AlliedSignal Plastics manufactures nylon resins used in packaging films, automotive parts, electrical wire and cable, electric components and lawn and power products. The company's Fibers business produces a wide range of fibers, including nylon, polyester and Spectra(R) fiber for use in carpet, activewear, tires, seat belts, airbags, armor and recreational products. AlliedSignal Inc. is an advanced technology and manufacturing company serving customers worldwide with aerospace and automotive products, chemicals, fibers, plastics and advanced materials. CONTACT: Tony Plohoros, 201/455-4508 or William D. Rea, 804/520-3189 |
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