Degussa to invest in Krefeld site.Degussa AG, Dusseldorf, is set to expand its superabsorbent capacity in Krefeld Krefeld (krā`fĕlt), city (1994 pop. 249,560), North Rhine–Westphalia, W Germany, a port on the Rhine River. It is the center of the German silk and velvet industry, and is a major rail hub and textile center. , Germany Germany (jûr`mənē), Ger. Deutschland, officially Federal Republic of Germany, republic (2005 est. pop. 82,431,000), 137,699 sq mi (356,733 sq km). by 2007. The raw material supply for this new capacity will be secured through an expansion of its acrylic acrylic, artificial fiber made from a special group of vinyl compounds, primarily acrylonitrile. Acrylic fibers are thermoplastic (i.e., soften when heated, reharden upon cooling), have low moisture regain, are low in density, and can be made into bulky fabrics. acid-producing joint venture with Rohm & Haas in Marl, Germany. The investment will total more than E40 million. Degussa will also bring 40,000 tons of additional superabsorbent capacity in Greensboro, NC this spring to meet increased demand in the NAFTA NAFTA in full North American Free Trade Agreement Trade pact signed by Canada, the U.S., and Mexico in 1992, which took effect in 1994. Inspired by the success of the European Community in reducing trade barriers among its members, NAFTA created the world's region. Growth in superabsorbents has accelerated strongly since last year and with these new investments, Degussa is strengthening its position as the market and innovation leader. In 2004 the Superabsorber Business Unit generated sales of E432 million with a workforce of around 500. Degussa's superabsorbents activities are global, with production facilities in Germany and the U.S. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion