16 July 2013
16 July 2013
Chem-Trend, a provider of release agent solutions across multiple industries and applications, has acquired the Zyvax business.
Chem-Trend claim this will allow them to offer customers and distributors an expanded portfolio of product technologies for use in fibre-reinforced polymers (FRP) and the growing advanced composites markets.
“Today’s move will result in synergies derived from the innovation capabilities in release agent technology and composites industry expertise of both companies, which will help us further enhance the product and service offering to our customers,” said Chem-Trend President and CEO Devanir Moraes. “With the acquisition of the Zyvax business, Chem-Trend will provide end users and distributors with release systems and complementary moulding process aids that create even greater value, efficiency and productivity in the development and manufacturing of FRP and advanced composite components.”
Analysts expect the use of advanced composite materials to increase at a double-digit rate as companies seek to gain efficiencies through reducing overall product weight. Significantly lighter than metal, composite components can help shed pounds while maintaining, or even strengthening, a part’s structural integrity.
“Much like Chem-Trend, Zyvax has advanced the industry with performance-oriented products, scientific know-how and forward thinking,” said Layman. “Our reputation mirrors that of Chem-Trend for high-quality release systems, leading-edge technology and manufacturing efficiency. Customers will enjoy the benefits of this seamless integration as Chem-Trend extends its portfolio in the aerospace and other advanced composites markets with Zyvax’s premium products and industry expertise.”
“Composite moulding represents a large and fast growing market for high-efficiency release systems, especially for environmentally sustainable, water-based product solutions” Moraes said. “By integrating and synergising the breadth of the two companies' release agent technologies and product lines, Chem-Trend will be in a stronger position to help customers protect their tooling investment, maximize moulding productivity and improve part quality.”
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