NetComposites
Airtech

Syrgis Performance Products Launches New Company

24 October 2007

Following its recent purchase of Norac, Syrgis Performance Products has renamedthe Norac organic peroxides business units to Syrgis Performance Initiators.

“Syrgis Performance Initiators is a new identity, but fundamentally the company maintains its entrepreneurial spirit, dedication to making high-quality products, and exceptional customer service,” said Syrgis Performance Products CEO Andy Harris. “This newest member to the family will operate with a high degree of autonomy that lets the company build on its strengths, yet take advantage of the financial, operational and marketing support under the Syrgis group umbrella — adding more breadth and depth to do more for our customers.”

In addition to manufacturing and distribution facilities in Sweden and Helena, Ark., Syrgis acquires the considerable technical, sales, and manufacturing staff, support and services with the purchase. The acquisition of this organic peroxides line also brings an extensive distribution network in the United States with leading companies like Composites One, North American Composites, and Ashland Distribution. The manufacturing and distribution operations in Sweden are also world class and complement the growing market in Europe and the Middle East.

“We are pleased to be operating under the common Syrgis name with a singular global focus on providing the best value, initiator solutions for our customers around the world,” said Benny Fahrman, managing director in Europe, Syrgis Performance Initiators AB.

“Since 1953, businesses have relied on Norac’s organic peroxide products to meet their needs within the plastics and reinforced thermoset composites markets,” said Douglas Hubbard, business manager for North America, Syrgis Performance Initiators. “The creation of the new company only stands to strengthen the foundation on which we’ve built our success in the industry. It may be a new global name, but it’s the same products, familiar faces and great customer service — all with keeping an eye to the future.”