04 October 2002
04 October 2002
Plytron GmbH, a newly founded company owned by Nägeli AG and Spelz (main share holder of ACM GmbH) and Borealis, Europe’s 2nd largest producer of polyolefin plastics have signed a contract in which Borealis sells its Plytron (Unidirectional Glass reinforced PP Thermoplastics) business to Plytron GmbH by 1st of July 2002.
The contract includes the acquisition of the know-how that Borealis has built up over many years in the development and manufacturing of Plytron, the trademark and the production line located in Linz/Austria. The companies agreed to further cooperate in the market development of this product.
ACM GmbH and Nägeli AG have a sound and wide experience in developing and producing thermoplastic composites and therefore Plytron represents a further completion of their product lines. Plytron GmbH is based in Markdorf, Germany.
Plytron offers wide possibilities for the automotive industry and other mass market products. Due to its excellent mechanical properties with stiffness up to 20000 MPa, the environmentally friendly Plytron products are ideally suitable for structural parts such as bumper and cross beams and allow in a separate injection molding process the cost effective production of highly integrated components for the automotive manufacturers.
Plytron is also suitable for a wide range of applications in other industries e.g. furniture. For this industry a special spring element was developed and is being used for a innovative slatted bed. Since beginning last year more than 2 Mio Plytron springs are manufactured already which represents 35000 beds.
This agreement enables Borealis according to Walter Baumann, Vice President, Engineering Applications Business Unit, to concentrate on its core business.
Within the scope of this cooperation Plytron GmbH will have product development capacities available, e.g. for the development of paintable or mass colored matrix compound materials. Together the partners will develop and market new plastic applications, which use Plytron and polypropylene compounds for system solutions.
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