GlobeNewswire by notified

Americhem Expands Medical Grade Materials Compounding Facility to Meet Increasing European Demand

Share

RIBE, Denmark, May 22, 2023 (GLOBE NEWSWIRE) -- Americhem, Inc, a global industry leader in innovative polymer compounding, announced today it has completed the expansion of their manufacturing facility in Denmark, which includes a clean compounding facility dedicated to medical grade materials. The expansion enhances Americhem’s capabilities to meet increasing European healthcare industry demand for high quality polymer materials.

To celebrate the completion of their plant expansion Americhem will host a ribbon cutting ceremony at the facility located in Ribe, Denmark. Guests will include executives from Americhem, local and global customers, as well as news and media outlets.

The new 1,394 sq. m. (15,000 sq. ft.) facility will feature new production lines, quality control labs, offices, customer meeting space, and staff common areas. It will add an additional capacity of 5,000 tons annually, almost doubling the capacity of the existing site. The new clean environment, coupled with Americhem’s ISO 13485:2016 certification that was obtained in early 2023, gives Americhem unique capabilities to produce compounds that meet the most stringent medical device requirements. Additionally, ISO 14644-1:2015 assessment will be performed upon completion of the new production facility and once the first orders have been produced.

Americhem has the ability to fully compound materials such as PP, ABS, PA, PEEK, PC, TPE/TPU, EVA, and POM; all of which can be shipped globally to satisfy OEMs across the world.

“This investment in Europe follows the acquisition of Controlled Polymers A/S in 2020 and solidifies Americhem’s commitment to not only healthcare, but also Europe,” said Barto DuPlessis, Americhem’s Managing Director in Europe. The expanded site in Denmark will also serve as Americhem’s headquarters for the European region. This expansion is also a result of the expected double-digit growth within the European healthcare market during the period of 2023-2028. Americhem also sought to have a facility in Europe to keep pace with the ever-changing strict compliance such as REACH regulations that are frequently revised and updated. Increasing requirements for Sustainability compliance adds an additional dimension to regulatory compliance driving the need for further differentiation.

“The establishment of the strategic unit Americhem Healthcare, the new expansion in Denmark, as well as the expansion of our Morrisville, Pennsylvania facility in 2021 strongly support our ‘Global Reach, Regional Focus’ strategy. We look forward to working with healthcare/medical device companies around the world to solve their application challenges and to positively influence patient care,” said John Richard, Americhem’s CEO.

About Americhem
Americhem is an innovative, technology-driven leader in the global polymer industry. Its foundation is built around delivering Performance, Solutions and Trust through close collaboration with customers. All of the company's products are backed by complete technical support that ensures quality, reliability, and value. Americhem operates 10 manufacturing plants and maintains sales offices throughout the world.

CONTACTS

Sophie Zhou
Director, Strategic Marketing & Marketing Communications
Americhem
swzhou@americhem.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/62d8ba85-a153-40fc-a064-f082e203a4e4

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

KAPITALNEDSÆTTELSE16.4.2024 09:33:15 CEST | pressemeddelelse

SELSKABSMEDDELELSE nr. 28 - 16. april 2024 Den 15. marts 2024 besluttede generalforsamlingen at nedsætte DFDS A/S’ selskabskapital med nominelt DKK 13.239.620 fra DKK 1.172.631.560 til DKK 1.159.391.940 ved annullering af 661.981 egne aktier a nominelt DKK 20. Kapitalnedsættelsen er i dag blevet gennemført og registreret hos Erhvervsstyrelsen. Efter kapitalnedsættelsen udgør selskabskapitalen DKK 1.159.391.940 fordelt på 57.969.597 aktier a nominelt DKK 20. Kontakt Søren Brøndholt Nielsen, IR +45 33 42 33 59 Om DFDS Vi driver et transportnetværk i og omkring Europa med en omsætning på DKK 27 mia. og 13.200 heltidsansatte. Vi transporterer varer i trailere med færge, vej og jernbane samt tilbyder komplementære og relaterede transport- og logistikløsninger. Vi transporterer også passagerer i bil og til fods med færger på korte ruter og på ruter med overnatning. DFDS blev grundlagt i 1866, har hovedkontor og er børsnoteret i København. This information is subject to the disclosure require

SHARE CAPITAL REDUCTION16.4.2024 09:33:15 CEST | Press release

COMPANY ANNOUNCEMENT no. 28 - 16 April 2024 On 15 March 2024, the Annual General Meeting decided to reduce DFDS A/S’ share capital by nominally DKK 13,239,620 from DKK 1,172,631,560 to DKK 1,159,391,940 by cancelling 661,981 treasury shares of nominally DKK 20 each. Today, the share capital reduction has been completed and registered with the Danish Business Authority. Following the share capital reduction, the share capital amounts to DKK 1,159,391,940 divided into 57,969,597 shares of nominally DKK 20. Contact Søren Brøndholt Nielsen, IR +45 33 42 33 59 About DFDS We operate a transport network in and around Europe with an annual revenue of DKK 27bn and 13,200 full-time employees. We move goods in trailers by ferry, road & rail, and we offer complementary and related transport and logistics solutions. We also move car and foot passengers on short sea and overnight ferry routes. DFDS was founded in 1866 and headquartered and listed in Copenhagen. This information is subject to the dis

CONDITIONS FOR SALE OF RIKSBANK CERTIFICATES16.4.2024 09:30:00 CEST | Press release

Bid date, 2024-04-16Auction date2024-04-16Settlement date2024-04-17Maturity Date2024-04-24Nominal amount949 billion SEKInterest rate4.00 %Bid times09.30-10.00 (CET/CEST) on the Bid dateBids are made to phone number08-696 69 70Confirmation of bids to e-mailrbcert@riksbank.seThe lowest accepted bid volume1 million SEKThe highest accepted bid volume949 billion SEKAllocation Time10.15 (CET/CEST) on the Bid dateProjected minimum liquidity surplus during the term949 billion SEKExpected excess liquidity at full allotment0 billion SEK Stockholm, 2024-04-16

Q1-2024: 50% Revenue Growth, March Shows Positive Net Result for Continuing Business16.4.2024 09:10:00 CEST | Press release

Company Announcement no. 149 – 2024 Copenhagen, April 16th, 2024 Q1-2024: 50% Revenue Growth, March Shows Positive Net Result for Continuing Business GreenMobility's continuing operations generated a revenue growth of 50% in Q1-2024 compared to Q1-2023, and a positive net result for the month of March. In Q1 2024, which is seasonally the weakest quarter for GreenMobility, the continuing operations have been significantly improving month by month. The number of trips in Copenhagen grew to more than 60,000 in January, then in February the number of trips surpassed 70,000, and in March a total of more than 80,000 trips. This trend highlights the growth potential and that the market can absorb the number of cars being moved to Denmark from the international markets. On the financial side the net result from continuing operations also significantly improved month by month, and March ended with a positive net result, highlighting that GreenMobility is on track to reach the goal of profitabil

Investeringsforeningen IA Invest, Afdeling Thygesen Global Stock Selection – Prospekt, dokument med central information og tegningsblanket16.4.2024 09:02:23 CEST | pressemeddelelse

Investeringsforeningen IA Invest har indledende tegningsperiode i følgende afdeling fra den 22. april til og med den 3. maj 2024: AfdelingISIN-kodeTegningskurs (franco) Thygesen Global Stock Selection DK0062842134 100,20 Betalingsdag er den 8. maj 2024, og første handelsdag er den 14. maj 2024. Prospekt, dokument med central information samt tegningsblanket er vedhæftet denne meddelelse. For yderligere information henvises der til henholdsvis foreningens og afdelingens hjemmeside www.iainvest.dk og www.thygesencapital.dk. Eventuelle henvendelser vedrørende denne meddelelse bedes rettet til undertegnede på telefon 38 14 66 00. Med venlig hilsen Niels Erik Eberhard Direktør Vedhæftede filer IAI Prospekt_16-04-2024_clean inkl. SFDRIAI PRIIP KID Thygesen - DK0062842134 IAI Tegningsblanket Thygesen_clean

HiddenA line styled icon from Orion Icon Library.Eye