NetComposites
3M

Polyone Acquires Plasticomp

12 June 2018

PolyOne, a provider of specialised polymer materials, services and solutions, has announced the acquisition of speciality composites producer PlastiComp.

Founded in 2003 by Stephen Bowen, PlastiComp has steadily grown through its ability to replace metal and lightweight products with long fibre thermoplastic (LFT) composite formulations. Inherent benefits of LFT-based materials include high strength and stiffness, design freedom, fatigue endurance, corrosion and wear resistance, EMI shielding, and recyclability.

Through its Complēt product lines and design capabilities, the company serves global customers in a range of demanding applications, including medical devices, robots and drones, marine, and outdoor high performance equipment. PlastiComp’s 50 employees and its design and production facility in Winona, Minnesota, US, join PolyOne as part of the Speciality Engineered Materials segment.

“I’m thrilled to welcome Steve, the PlastiComp employees and their valued customers to the PolyOne team,” says Robert M. Patterson, Chairman, President and CEO of PolyOne. “We are very excited to accelerate commercial and operational investments to further expand this important composite technology as part of our advanced composites portfolio.”

“As we looked to take this business and our customers to the next level, PolyOne was the natural choice,” states Stephen Bowen. “PolyOne’s comprehensive approach to design, service and innovation in thermoplastics and composites will enable us to forge even further ahead with our LFT technology, and I’m excited that our teams have joined together in collaboration for the future.”






Related / You might like...

Continental Structural Plastics Adds SMC Line in France

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 Breaks Ground on Aerospace Composites Facility Expansion in Texas

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 and Solvay Launch Thermoplastic Composites Consortium

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.