ADDIVANT™ LAUNCHES LOWINOX® FAST XL, AN INNOVATIVE LIQUID ANTIOXIDANT IMPROVING PRODUCTIVITY AND RELIABILITY FOR THE WIRE & CABLE INDUSTRY
DANBURY, Conn (March 9, 2016) - Addivant™, a global leader in polymer additive technologies, today announced the launch of LOWINOX® FAST XL, the next generation liquid antioxidant solution for the production of medium and high-voltage cross-linked polyethylene (XLPE) cables. Developed to meet the challenges faced by the cable industry, LOWINOX® FAST XL delivers new levels of productivity and cable consistency helping lower the total cost of ownership for the cable industry.
LOWINOX® FAST XL has been designed to provide an optimal balance between scorch protection and crosslinking speed to enable cable manufacturers to increase line speeds, improving productivity gains without comprising on the reliability and quality which is critical for cable longevity.
Manufactured in Germany, LOWINOX® FAST XL meets all of the necessary quality and high cleanliness standards needed for today’s medium, high and extra high voltage XLPE compounds. John Steitz, Addivant’s President & CEO, commented “We are very excited to add LOWINOX® FAST XL to our strong portfolio of antioxidants and additives used in today’s Wire & Cable industry”. The new solution builds on Addivant’s reputation for technology and quality, with industry benchmarks such as LOWINOX® TBM6, which has 40 years of proven success in the most demanding power cable applications. “LOWINOX® FAST XL has been extensively researched and tested, confirming that it overcomes the handling and consistency issues related to the use of conventional liquid antioxidants. Cable producers will see clear benefits in terms of higher throughput, lower costs through formulation optimization and less off-grade production due to improved cable consistency.”
To meet the growing demand for cables in the energy, ICT, and transportation sectors, suppliers are increasingly asked to deliver systems which provide high reliability, cost effectiveness, safety and a minimized environmental impact. Addivant™ is well positioned to help meet these challenges with the broadest range of solutions in the market, from high performance specialty antioxidants for insulation and semi-con, to metal deactivators and compatibilizers for HFFR cables.
Addivant™ is an innovator in the field of polymer additives, developing customized solutions that provide customers enhanced application performance, safe handling, and reduction in cost of use. The company is recognized industry-wide for its extensive portfolio of specialty additives including antioxidants, light stabilizers, rubber additives, polymer modifiers, metal deactivators, polymerization inhibitors and intermediates. Addivant is an international company, with 11 plants on five continents, as well as research, manufacturing and sales facilities around the globe. Addivant maintains its global headquarters in Connecticut, USA with regional headquarters in: Al Jubail, Saudi Arabia, Basel, Switzerland, and Shanghai, China. Addivant is an independent portfolio company of SK Capital. Visit www.addivant.com for more information.
About SK Capital
SK Capital is a private investment firm focused on the specialty materials, chemicals and healthcare sectors. The firm has deep experience in and knowledge of Addivant’s products and end markets gained through previous and current portfolio companies in the polymers, plastics and associated additives sectors. Located in New York, NY and Boca Raton, Fla., the firm is currently investing from SK Capital Partners III, L.P., a $1.5 billion fund of committed capital. Its portfolio companies generate revenues of approximately $8 billion annually and employ more than 9,000 people. Visit www.skcapitalpartners.com for more information Addivant™, WESTON®, ANOX®, POLYBOND®, LOWINOX®, ULTRANOX®, GENOX®, NAUGARD® and FLEXAMINE® are trademarks of Addivant.