CLEVELAND, Aug. 26 /PRNewswire/ -- Noveon, Inc. has announced an expansion
of its Carbopol(R) manufacturing facility at Antwerp, Belgium. This is the
third expansion of the Antwerp facility since starting up in 1996. The
expansion project is under way and is expected to be complete in July 2003.
(Photo: http://www.newscom.com/cgi-bin/prnh/20010523/CLW011LOGO-b )
"We are expanding our Antwerp plant, which utilizes the latest process
technology, to meet increased demand and to better serve our customers in
Europe," said Bill Sedlacek, Noveon Senior Vice President, Personal Care and
Pharmaceuticals.
Carbopol products are used by customers worldwide in hundreds of end
products, including shampoos, hair gel and lotions. Carbopol is also used in
household and industrial applications such as automatic dishwasher liquid and
cleaners.
The Antwerp facility began operating in 1996 and currently employs 70. No
significant increase in employment is expected due to the expansion.
Noveon is a leading global producer and marketer of technologically
advanced specialty chemicals for a broad range of consumer and industrial
applications. Noveon is headquartered in Cleveland, Ohio, with regional
centers in Brussels, Belgium, and Hong Kong. The company had sales in 2001 of
$1.1 billion and employs about 2,800 at office and manufacturing locations
around the world.
For more information about Noveon Personal Care Products please go to
http://www.carbopol.com . For more information on Noveon please go to
http://www.noveoninc.com .
This release contains forward-looking statements that relate to future
events or performance. These statements reflect the Company's current
expectations, and the Company does not undertake to update or revise these
forward-looking statements, even if experience or future changes make it clear
that any projected results express or implied in this or other Company
statements will not be realized. Furthermore, investors are cautioned that
these statements involve risks and uncertainties, many of which are beyond the
Company's control, which could cause actual results to differ materially from
the forward-looking statements. Further information about these risks can be
found in the Company's filings with the Securities and Exchange Commission.
Investors are cautioned not to place undue reliance on any forward-looking
statements contained herein, which speak only as of the date hereof. The
Company undertakes no obligation to publicly release the result of any
revisions to these forward-looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
SOURCE Noveon, Inc.
 back to top
Related links:
http://www.noveoninc.com
http://www.carbopol.com
Photo Notes:http://www.newscom.com/cgi-bin/prnh/20010523/CLW011LOGO-b
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or 212-782-2840
CONTACT:
Media, Rob Jewell, +1-216-447-5255, or
Investors, Sean Stack, +1-216-447-6494, both of Noveon, Inc.
|
