1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Sulzer Ltd
  6. News
  7. Summary
    SUN   CH0038388911


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Sulzer : PLA bioplastics production technology selected for NatureWorks' new plant with annual capacity of 75'000 tons

01/13/2022 | 06:01am EDT

Developed to support the increasing global demand for polylactic acid (PLA) bioplastics, the fully integrated plant will utilize Sulzer Chemtech's advanced lactide purification and polymer production technology to produce 75'000 tons per year of Ingeo polylactic acid (PLA) annually, which is used in applications like compostable food packaging.

Selected to design and supply lactide purification, polymerization and devolatilization units at NatureWorks' newest facility, Sulzer Chemtech will provide technology, engineering services and key equipment to design and supply fully customized production solutions meeting NatureWorks' specific requirements.

The use of Sulzer Chemtech's crystallization technology will deliver high-purity lactides suitable for Ingeo PLA grades, while the polymerization and post-reaction train will convert lactide into the full portfolio of Ingeo grades. Extensive support during the project execution phases will also be provided to help NatureWorks begin its operations quickly and smoothly.

As part of the Company's global manufacturing expansion plan, the new facility will increase NatureWorks' overall production capacity of lactic acid, lactides and advanced Ingeo PLA biopolymers. Made from renewable resources, these biomaterials have a lower carbon footprint than average petroleum-based plastics and support a wide range of applications, including compostable food packaging and serviceware, fibers, filaments for 3D printing, hygiene masks and household appliances.

Steve Bray, Vice President of Operations and Project Program Manager at NatureWorks, comments: "Sulzer Chemtech's specialists have a proven track record delivering highly effective PLA units, and we are looking forward to this cooperation between two market leaders in PLA technology. Leveraging their expertise in process technologies for lactide and PLA products, NatureWorks will design and construct a state-of-the-art production facility that will increase the global availability of functional, high quality Ingeo biopolymers."

Torsten Wintergerste, Division President Sulzer Chemtech, adds: "We are excited to join hands with NatureWorks on this major expansion of their global manufacturing footprint. Together, we continue to build on a successful cooperation which started many years ago. Our respective technical and operational expertise enables us to continue shaping the future of sustainable biomaterials through broader availability."


Sulzer AG published this content on 13 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 January 2022 11:00:01 UTC.

© Publicnow 2022
All news about SULZER LTD
05/16Sulzer Expects $21 Million Impact from Temporary Suspension of Polish Operations
05/16VIKTOR VEKSELBERG : Sulzer, Medmix sanctioned in Poland over Vekselberg ties
04/22SULZER : Boosting the energy efficiency of water treatment
04/13SULZER : launches extended VM vertically suspended sump pump
04/08SULZER LTD : Ex-dividend day for final dividend
04/06SULZER : Shareholders approve dividend of CHF 3.50 per share and all other proposals at an..
04/06TRANSCRIPT : Sulzer Ltd - Shareholder/Analyst Call
04/06Sulzer Ltd Elects Markus Kammüller to the Board of Director
04/06TRANSCRIPT : Sulzer Ltd - Special Call
04/06SULZER : Q1 2022 order intake presentation pdf
More news
Analyst Recommendations on SULZER LTD
More recommendations
Sales 2022 3 269 M 3 309 M 3 309 M
Net income 2022 176 M 178 M 178 M
Net Debt 2022 214 M 216 M 216 M
P/E ratio 2022 13,5x
Yield 2022 5,01%
Capitalization 2 354 M 2 382 M 2 382 M
EV / Sales 2022 0,79x
EV / Sales 2023 0,71x
Nbr of Employees 13 816
Free-Float 49,4%
Duration : Period :
Sulzer Ltd Technical Analysis Chart | SUN | CH0038388911 | MarketScreener
Technical analysis trends SULZER LTD
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 7
Last Close Price 69,80 CHF
Average target price 103,00 CHF
Spread / Average Target 47,6%
EPS Revisions
Managers and Directors
Frédéric Lalanne Chief Executive Officer & President-Flow Equipment
Jill Ghim Ha Lee Chief Financial Officer
Suzanne Alice Thoma Chairman
Hanne Birgitte Sorensen Independent Non-Executive Director
Matthias F. Bichsel Vice Chairman
Sector and Competitors
1st jan.Capi. (M$)
SULZER LTD-22.32%2 382
ATLAS COPCO AB-33.46%48 673
SANDVIK AB-23.79%24 132