Crompton to Invest $30 Million to Expand Silanes Capacity.Business Editors GREENWICH, Conn.--(BUSINESS WIRE)--May 2, 2000 Crompton Corporation Crompton Corporation, formerly Crompton and Knowles, is a chemical research, production, sales and distribution company headquartered in Middlebury, Connecticut. The company produces specialty chemicals used for polymers, fire suppressants and retardants, pool and spa water (NYSE NYSE See: New York Stock Exchange : CK) today announced that it will invest $30 million to expand capacity at its facility in Sistersville, West Virginia Sistersville is a city in Tyler County, West Virginia, along the Ohio River. The population was 1,588 at the 2000 census. The Sistersville Ferry crosses the Ohio River to the unincorporated community of Fly in Monroe County, Ohio. to produce organofunctional silanes. The new capacity will come on stream in the first quarter of 2002 and will boost the company's global production of silanes by 20 percent. "Strong demand for our silanes, especially in adhesives, coatings and sealants serving the growing transportation and construction industries, has made this expansion necessary to maintain our position as a leading global supplier," stated Vincent A. Calarco, chairman, president and chief executive officer of Crompton. The new capacity will employ Crompton's proprietary new Direct Trimethoxysilane (TMS TMS Transcranial Magnetic Stimulation (alternative medicine for depression) TMS Test Match Special (sports - cricket) TMS Texas Motor Speedway TMS Transportation Management System TMS Toyota Motor Sales ) process for the manufacture of organofunctional silanes. Silanes are used as crosslinking and coupling agents to react with a wide variety of organic and inorganic inorganic /in·or·gan·ic/ (in?or-gan´ik) 1. having no organs. 2. not of organic origin. in·or·gan·ic n. 1. materials, increasing product strength, adhesion and weatherability. It was for this process that Crompton was awarded the 1999 Kirkpatrick Chemical Engineering Achievement Award. The TMS process improves productivity, reduces waste and is chloride-free, thereby increasing the use of silanes in growth markets, such as electronics and coatings. Crompton announced a $50 million expansion of its sulfur silanes capacity at Termoli, Italy in November 1999. This doubling of production capacity is scheduled to be fully on stream in the second quarter of 2001. Crompton is a $3.1 billion producer and marketer of polymer products and specialty chemicals A Specialty chemical is a chemical produced for a specialized use. They are produced in lower volume than bulk chemicals, of which petrochemicals, made from oil feedstocks, are the most common. However, both are produced in a chemical plant. formed with the September 1, 1999 merger of Crompton & Knowles Corporation and Witco Corporation. From the time of the merger until April 25, 2000, the company was named CK Witco Corporation. |
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