HOUSTON--(BUSINESS WIRE)--Ascend Performance Materials, a global leader in the production of specialty plastics, fibers and chemicals, announced today it has further accelerated production and delivery of bulk quantities of FlexaTram™-HMT-200, a high-concentration liquid hexamine product. The company announced in March the development of hexamine loading facilities and has been delivering lower-concentration FlexaTram™-HMT-100 since April.
Ascend’s Chocolate Bayou plant, located near Alvin, Texas, has produced hexamine for over 50 years, largely for captive use, and the new capabilities allow the company to support increasing customer demand. As the largest hexamine production plant in North America, Chocolate Bayou is ideally situated to serve producers of resin-coated proppants, used in oil and gas drilling.
“Having multiple concentrations helps us meet the unique needs of our customers,” said Finlay Morrison, vice president of specialty chemicals at Ascend Performance Materials. “It ensures that we are matching their production processes, making them more efficient. Our Chocolate Bayou team has made it possible for us to step up production and meet customer demand sooner than expected.”
Ascend’s specialty chemicals division manufactures FlexaTrac™ acids and esters, FlexaTram™ amines and FlexaTril™ nitriles. The company also offers several signature products, including Hexatran™, Hextranol™, Prionil™ and Trinohex™.
About Ascend Performance Materials
Ascend Performance Materials is a global premium provider of high-quality plastics, fibers and chemicals. Ascend is one of the world’s largest integrated PA66 producers, with its own in-house manufacturing facilities, ensuring total security of supply. Ascend’s product range has earned it an unequalled reputation for quality, innovative techniques and an enlightened approach to business that expands the horizons of possibility. With eight global locations and more than 2,400 people working at our sites around the world, Ascend has the inspiration, the expertise, the people and the attitude toward innovation to consistently deliver the right solution for customers.
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More information about Ascend can be found at www.ascendmaterials.com
About SK Capital
SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. The firm’s purpose is to build strong and growing businesses that create substantial long-term economic value. SK utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio companies generate revenues of approximately $8 billion annually and employ approximately 9,000 people. The firm currently manages more than $1.5 billion of committed capital. For more information, please visit www.skcapitalpartners.com
Although the information and recommendations set forth herein (hereinafter “Information”) are presented in good faith and believed to be correct as of the date hereof, Ascend Performance Materials Operations LLC makes no representations or warranties as to the completeness or accuracy thereof. The full disclaimer of warranty and liability can be found at ascendmaterials.com/disclaimer.
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