Extrusion International USA 1-2021

28 Extrusion International 1/2021 EXTRUSION INTERNATIONAL INDUSTRY NEWS Acquisition “This investment broadens our offering to the plastics in- dustry and allows us to serve markets that we would other- wise never reach with our current product line,” said Steve Maguire, owner and president of Maguire Products. “We can now refer inquiries for bulk material handling directly to O.A. Newton and can work together with them as projects require.” Steve Maguire founded Maguire Products in 1977. He has invested in other plastics businesses since then and is a co- owner of Novatec, which, like Maguire Products, is a supplier of auxiliary equipment for molding and extrusion. The two companies operate independently. “Our af fi liation with the Maguire family of companies pro- vides us with access to a sales organization that has a global reach,” said Rob Rider, Jr., president and CEO of O.A. New- ton. “It will greatly improve our ability to grow our customer base. The synergies between all the companies will have a compounding effect on all of us.” For more than fi ve decades, O.A. Newton has been a single- source provider of turnkey material handling systems for customers throughout the world. The company serves the plastics, tire, and other industries, including those processing dry bulk solids and hard-to-handle materials. In plastics it has extensive experience in providing systems for processors of rigid and fl exible PVC and wood-plastic composites. O.A. Newton www.oanewton.com MAGUIRE PRODUCTS, INC. www.maguire.com „ Maguire Products has purchased a minority share of O.A. Newton, a provider of bulk material handling systems to the wood-plastic composite, fl exible and rigid PVC, and carbon black markets. Based in Bridgeville, Delaware, O.A. Newton engineers, fabricates, and installs complete systems for the unloading, storage, conveying, and blending of process ingredients, in- cluding controls and ancillary equipment. The company will continue to operate separately from Maguire Products, but the investment has the potential to expand the capabilities of Maguire in the material handling phase of the process industries. Maguire supplies handling systems directly con- nected to the plastics molding and extrusion processes, such as dryers, loaders, blenders, and feeders. „ The Plastics Industry Association (PLASTICS) in collabora- tionwith LyondellBasell announced the use of the equivalent of 71,000 plastic retail bags to pave 2,885 square yards of the LyondellBasell Cincinnati Technology Center parking lot in Ohio using recycled polyethylene (rPE). This was the fi rst in- stallation of the New End Market Opportunities (NEMO) for Film Asphalt Project which added over 4,000 pounds of rPE into hot asphalt. With a focus on extending the life of plas- tic waste, this research project if successful, could be used in paving a future parking lot using 20,000 pounds of rPE or 1.5 million plastic bags. “LyondellBasell is a proud member of PLASTICS and we have the opportunity to collaborate on innovative projects often in order to advance recycling and sustainability, not only in the U.S. but around the globe,” said PLASTICS’ President and CEO Tony Radoszewski. “Through this unique project, the LyondellBasell team demonstrates how all plastic can and should be used to its highest potential.” In early June, PLASTICS announced the completion of re- search on a new formulation of asphalt binder using the “Dry Process”. This is where recycled rPE is incorporated as a solid additive during the asphalt mixture manufacturing process. The formulation offers many of the same bene fi ts of traditional polymer-modi fi ed asphalt, including improved performance, and increased lifespan, at a decreased cost. “We were extremely intrigued by the opportunity to partici- pate and collaborate in this project,” said Chuck Holland, Site Manager of the Cincinnati Technology Center. “Lyondell- Basell is taking a leadership position in sustainability, and this is one step of many that af fi rms our commitment in playing an active role.” The Cincinnati Technology Center is a state-of-the-art re- search center and encompasses approximately 260,000 square feet of research and of fi ce space. This center assists customers in meeting their business and sustainability goals by developing themost ef fi cient and effective polymer mate- Collaboration on First Paving Project Using Recycled Plastic SteveMaguire