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Monday 3 July 2017

Ingevity to build carbon extrusion plant in China; invests $20 mn




NORTH CHARLESTON, US: Ingevity Corporation (NGVT) said that it will construct a new activated carbon extrusion plant in Changshu, China. Pursuant to meet the growing global demand for pelletized carbon products primarily for use in gasoline vapour emission control systems in cars, trucks, motorcycles and boats.
The new facility is expected to be operational by the fall of 2018 and will employ about 80 people. The plant represents an investment of approximately $20 million, the majority of which will be incurred in 2018.
Initially, it will feature one extrusion line that produces pelletized activated carbon products. The new plant will complement the existing extrusion facility in Wuijang, China, and activated carbon plants in Zhuhai, China, Wickliffe and Covington, US as well as the “honeycomb” scrubber joint venture plant in Waynesboro, Georgia.
“This state-of-the-art extrusion facility is a key element of the strategy and capital investment plan for our performance materials segment. The Changshu facility will leverage our current capacity for activated carbon in time to meet greater demand in the automotive industry. By converting our powdered carbon into pellet form, we can increase volumes serving the higher value, automotive industry,” said Michael Wilson, Ingevity’s president and CEO.
“With the introduction of newer, more stringent regulations for automotive gasoline vapour emissions control in both China and Europe, we are anticipating a substantial increase in global demand for our automotive activated carbon products,” added Ed Woodcock, executive vice president and president, performance materials.
© Worldofchemicals News 

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