Flame Retardants Market
October 2023- One of the world's leading specialty chemical companies,Clariant exhibited a brand-new breakthrough in its China plan with the authorized launching in October 2023 of its high-tech industrial plant for halogen-free flame retardants in plant based in Daya Bay, Huizhou. The USD67-million funding into the facility’s first manufacturing range will offer domestic clientele with admittance to novel and sustainable Exolit OP flame retardants and linked technical proficiency to assist the substantial development of manufacturing plastics applications in the electrical & electronics and e-mobility categories. The following range is in progress and anticipated to be in development in 2024, demonstrating a further USD44 million financing. The president of BU Adsorbents & Additives, and Clariant EMEA Region, Angela Cackovich said that with the top-class international production facility, the company empower their prominent spot and international proficiency in pioneering and sustainable fire safety solutions. She further added that they have prospects of improved service clientele in China and across the Asia-Pacific region after the modern elements, systems, and devices progressing technological advancement in e-mobility, energy delivery, 5G communications, infrastructure, and more. Domestic manufacturing implies they can enhance cooperation and develop customized resolutions to their coming requests and definitely reduce delivery lead durations. The brand-new production plant is likely to produce Clariant’s worldwide range of patent-protected organo-phosphorus flame retardants and improves the capacity of Clariant’s two Exolit OP plants based in Knapsack, Germany.
January 2022:Â The purchase of MAGNIFIN was finalized by Huber Engineered Materials. Martinswerk GmbH, a strategic business unit of HEM Fire retardant additives (FRA), manufactures various halogen-free fire retardants, smoke suppressants, and mainly aluminum oxides and sells the acquired company's goods abroad.
December 2021:Â Clariant, a specialty chemical firm known for its innovation, sustainability, and focus, has announced the building of its first manufacturing facility in China so that it may provide products to its Chinese clients.
May 2021: Atlanta-based J.M. Huber Corp. announced the execution of a binding contract to buy out RHI Magnesita's (RHIM) 50% stake in their joint venture. As part of acquiring the Martinswerk business, Huber initially completed the acquisition of a 50% ownership position.
In July 2022, THOR GmBH and BASF SE worked together to make the best of their respective strengths. Through such a move, the non-halogenated flame-retardant additive product line will be thus strengthened.
Come May 2023, there may be a Flame Retardancy Solution Free of PFAS and PTFE. FRX Innovations has patented a PFAS-free product that can be used for flame-retardant goods made from polycarbonate.
Clariant announced additional investment in a new flame-retardant facility in China for e-mobility and E&E applications in October 2022. At Daya Bay, China’s brand-new cutting-edge plant, it is investing CHF 60 million to set up the second production line manufacturing Exolit OP halogen-free flame retardants, which is now under construction for Clariant.
Key Companies in the Flame Retardants market include
- Clariant (US)
- ICL (Israel)
- LANXESS(Germany)
- BASF SE(Germany)
- RTP Company Clariant (US)
- Nabaltec AG(Germany)
- Celanese Corporation (US)
- Green Chemicals SpA (Italy)
- Kisumu Chemicals (The Netherlands)
- Dow (US)
- Akzo Nobel N.V. (The Netherlands)
- Amfine Chemical Corporation (US)
- Huber Corporation (US)
- Italmatch Chemicals SpA (Italy)