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Niche Polymer acquired four US resin powder plants from LyondellBasell Industries for an undisclosed sum, establishing a new business unit called Specialty Powders LLC. The plants are located in China, TX; Grand Junction, TN; East Chicago, IN; and Allentown, PA, and employ about 200 people with 60 production lines.
Niche Polymer will open a compounding plant in Queretaro, Mexico in 2023.
Niche Polymer LLC plans to open an 80,000 ft² plant in Muscle Shoals, Alabama, focusing on soft polymers (TPEs and TPVs), equipped with up to three twin-screw compounding lines, to supply automotive OEMs in the Southeast.
| Site | Largest | Latest |
|---|---|---|
| Muscle Shoals, United States | 2022-10-27 | |
| Queretaro, Mexico | 2022-10-27 |