07 February 2017
07 February 2017
ALTANA has acquired the US company PolyAd Services, a leading developer and manufacturer of additive solutions for the global plastics market.
According to ALTANA, PolyAd Services will be integrated into the Plastics Additives business line of ALTANA Group’s largest division BYK Additives & Instruments. “With the acquisition of PolyAd Services, we are creating additional value in a targeted manner and at the same time strengthening our innovative capabilities,” says Dr. Christoph Schlünken, Member of the ALTANA Management Board.
“With the acquisition, we are systematically expanding our product portfolio and application spectrum in the field of plastics additives even more following the recent purchase of the Dutch additive manufacturer Addcomp,” explains Dr. Stephan Glander, President of BYK Additives & Instruments.
“We very much look forward to our joint future with BYK, which will enable us to fully exploit our company’s potential in the plastics additives market,” says Mike Modak, CEO of PolyAd Services.
Continental Structural Plastics (CSP) will install a sheet moulding compound (SMC) production line at its facility in Pouance, France, to support the need for its composite formulations in Europe.
Solvay has celebrated the groundbreaking of its Greenville, Texas, US, manufacturing footprint expansion that increases the site’s resin mixing capacity to meet the growing needs of commercial and military aerospace composite customers.
Premium Aerotec, Faurecia Clean Mobility and Solvay have launched the research group IRG CosiMo: Composites for Sustainable Mobility, which will focus on the development of materials and process technologies to enable the high volume production of thermoplastic composites for the aerospace and automotive markets.