|
At the beginning of 2008, BIP launched an additional range of waterbased polyurethane dispersions. BIP have made polyurethane dispersions for over 20 years. Traditional products contain nmp, with the new range offering alternatives, solvent free and low nmp varieties. BIP have always been renowned for developing new and bespoke products, particularly PUD's which fully meet a customer's individual needs, even for small quantity users. A recent addition to the range, L9090 has shown success in high tech coating applications especially for hygenic interior wall coatings.
Expansion at BIP (Oldbury) Limited
West Midlands chemicals and plastics company BIP (Oldbury) Limited has announced further expansion at its Tat Bank Road, Oldbury site.
Following the announcement in December 2005 by BIP's owners, Tennants Consolidated Limited, of the closure of its Mitchum, Surrey site, it's Michanol business will transfer manufacturing, warehousing and commercial operations to BIP's site at Oldbury.
Mitchanol has been a producer of high quality resins for the printing inks and other industries for over 50 years.
Kevin Jones, Managing Director of BIP (Oldbury) Limited stated, "this is another significant step in the growth of BIP and our products which sit naturally alongside our existing ranges of products for the paper and textile industries".
This expansion follows significant investment in BIP's Bio-Diesel manufacture which has been doubled over the past 6 months.
Leading UK manufacturer buys BIP (Oldbury) Limited
Synthite Limited purchased the business and assets of the West Midlands
company for an undisclosed sum on Monday November 29. Sold as a going
concern, BIP’s operations and production have continued as normal.
Synthite, based in Mold, North Wales, is a wholly owned subsidiary
of the chemicals distributor Tennant Group, which has an annual turnover
of £170m.
BIP, which employs more than 170 people at its plant in Oldbury, is
a manufacturer of speciality chemicals based primarily on amino resins
and derivative technology. This includes new products such as Biodiesel,
a fuel made from recycled vegetable oils.
The company will retain its famous name, and will be called BIP (Oldbury)
Limited.
Synthite managing director Kevin Jones said: "We want to keep
the name BIP because the company has a range of products known throughout
the world, and has an excellent reputation. The company has a skilled
and loyal workforce and despite having new owners it will be business
as usual. I am looking forward to working with the management team and
the employees in re-establishing a successful and profitable company."
Synthite has been established for more than 80 years and in the last
decade has invested more than £10m into its plant in Mold, where
it employs 70 people.
Synthite is an important supplier of Paraform and
solution grades of formaldehyde. The site also
produces bulk organic acid blends and manufacture of a wide range of
chemical intermediates.
BIP was the first company to patent urea-formaldehyde resins in 1924,
and produced the world’s first white commercial moulding powder
in 1926.
Since then BIP has developed into a leading technology innovator, delivering
moulding materials, textile and paper chemicals.
Read
more>>
|
