7 Aug 2017
Ascend reaffirms commitment to European NTA market
HOUSTON – August 7, 2017 – Ascend Performance Materials, a global leader in the production of specialty plastics, fibers and chemicals, is reaffirming its commitment to supply nitrilotriacetic acid, or NTA, to European customers as other large-scale producers discontinue the sale of NTA products on the continent. Ascend took steps to increase availability of its FlexaTrac™-NTA-100 powder and FlexaTrac-NTA-200 liquid in the region earlier this year.
NTA is a chelating agent often used in household and industrial detergents. Compared to other chelating agents, NTA is more effective and better for the environment.
Ascend increased NTA production at its Chocolate Bayou plant in Alvin, Texas, over the past year and increased supply of FlexaTrac-NTA-100 to Europe. In June, the company announced the production of FlexaTrac-NTA-200 at its facility in Antwerp.
“We have been working to fill critical needs in a number of markets for specialty chemicals,” said Finaly Morrison, vice president of specialty chemicals at Ascend. “Our size and the integration of our supply chain allow us to be a reliable partner to our customers, producing and delivering the specialty chemicals they need to make their products the best in the market.”
“Our team in Antwerp is ready to fill the void left in the NTA market,” said Ben Vaughn, FlexaTrac-NTA product manager. “Since we added FlexaTrac-NTA-200 production capabilities in Europe, we have been able to offer customers a complete solution for their formulation needs.”
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™.
To learn more about Ascend’s growing line of specialty chemicals, visit ascendmaterials.com/specialtychemicals or visit the company’s booths at these upcoming trade shows: Specialty & Agro Chemicals America (September 6 – 8), ISSA Interclean North America (September 11 – 14) and Coatings Trends & Technologies (September 14 – 15).
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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.
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