BARCELONA, Spain (Aug. 1, 2016) — Lehigh Technologies Inc. has teamed up with Hera Holding in Spain to expand and globalize Lehigh's micronized rubber powder operation.
The two companies are partnering in Spain to turn a Lehigh subsidiary into a joint venture with plans to build and operate what Lehigh said will be the first micronized rubber powder production facility in Europe.
Called Lehigh Spain, the joint venture's plant will be built in Murillo del Fruto, Spain, next to a tire recycling plant on a site owned by Hera, according to Lehigh CEO Alan Barton. He added that the new facility will meet the growing MRP needs of industrial customers across the European Union and neighboring regions.
The companies did not disclose their investment in the project nor any details about the plant's expected capacity.
Lehigh Spain, opened in mid-2015 as a subsidiary of Atlanta-headquartered Lehigh, will continue to develop new markets for the company's PolyDyne and MicroDyne product ranges, focusing on delivering high performance, low cost, sustainable raw materials for applications in the tire, asphalt and other industrial end users, the company said.