Hercules Plans to Expand HPC Production.WILMINGTON, Del.--(BUSINESS WIRE)--Oct. 5, 1998--Hercules Inc. (NYSE NYSE See: New York Stock Exchange : HPC (Handheld PC) A palmtop computer that weighs less than one pound and runs specialized versions of popular applications. Microsoft coined the term for its Windows CE operating system, which is an abbreviated version of Windows. See Pocket PC. ) Monday announced plans for expansion of its KLUCEL(R) Hydroxypropylcellulose facility at the Aqualon plant in Hopewell, Va. This investment will increase hydroxypropylcellulose capacity by nearly 20% as well as improve automation and safety. Since a major portion of the business's sales are made to the regulated industries of food, pharmaceutical, and personal care, an important part of the project will be to enhance current operations to ensure compliance with any future requirements for Good Manufacturing Practices (GMP GMP (guanosine monophosphate): see guanine. ) standards. The project will be completed by mid-year 2000. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Monika Riese-Martin, Aqualon's vice president and general manager, "KLUCEL is truly a unique specialty chemical 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. and Aqualon is committed to supporting the business. We are investing to meet the growing demand in the marketplace, as well as to maintain the high manufacturing standards demanded in the regulated markets." KLUCEL(R) hydroxypropylcellulose is a water-soluble and organo-soluble polymer that is used in the pharmaceutical industry as a tablet binder and sustained release Sustained-release (SR), extended-release (ER, XR, or XL), time-release or timed-release, controlled-release (CR), or continuous-release (CR or Contin polymer. The new capacity will be marketed primarily to customers in the pharmaceutical industry and in other businesses like food, polyvinyl chloride polyvinyl chloride (PVC), thermoplastic that is a polymer of vinyl chloride. Resins of polyvinyl chloride are hard, but with the addition of plasticizers a flexible, elastic plastic can be made. , paint remover, and personal care. Hercules manufactures chemical specialty products for a variety of markets worldwide. Its businesses include Aqualon, FiberVisions, Food Gums, Paper Technology, and Resins. With shareholder value as its guiding focus, the corporation concentrates on value-added, high-performance products where it has a market or technology advantage. For more information, visit the Hercules website at www.herc.com. NOTE TO EDITORS: In the Internet/email addresses noted in this news release, there is an "at" symbol between ccarey and herc.com and also between rgallant and herc.com. This symbol may not appear properly in some systems. |
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