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.
The Metyx Hungary factory, located in Kaposvár, has recently expanded its warehousing facilities, adding an additional 3,024 m2 of enclosed storage space for composite technical fabrics, packaging and FRP tooling.
The American Composites Manufacturers Association participated in a roundtable discussion about the IMAGINE Act. Known as the Innovative Materials in American Growth and Infrastructure, Newly Expanded (IMAGINE) Act, the new bill is designed to promote the increased use of innovative materials like fibre reinforced polymer (FRP) composites, as well as new manufacturing methods to accelerate the deployment and extend the life of infrastructure projects.
3A Composites Core Materials reports that its BALTEK SB balsa core has been ABS-approved for more than 20 years.