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The market will grow at a compound annual growth rate of 4.1% from 2014-2022.

The new agreement will expand to include the Northeast U.S.

The business includes the Evans City, Pa., production site and the specialty alcoholates, boranes and alkali metals product lines.

The move follows the successful restart of Ashland’s BDO plant in Lima, Ohio.

The partnership represents a collaboration to adopt Biosuccinium in biobased polymers and co-polymers for the packaging industry.

The two partners plan to build a PLA polymerization plant with a capacity of 75,000 tons per year.

The new facility will allow Wacker to expand its local research and development activities.

Collis will formally start in this new role in January at Caldic B.V.

Renovated areas include laboratories for analytical testing, physical testing, and microscopy.

The company has hired three new team members.