NetComposites
Juniar Spraybooths

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...

Dilutec Celebrates 23 Years

Brazilian gelcoat and thinner manufacturer Dilutec celebrates 23 years in business this month.

TFP Presents Nonwoven Solutions for Transportation

Technical Fibre Products (TFP) will exhibit nonwovens for use in surface finishing, imparting EMI shielding or fire protection, and other transport applications, at the JEC Conference on The Future of Composites in Transportation, taking place in Chicago, US, on 27-28 June.

Visitor Registration Opens for Advanced Engineering 2018

Advanced Engineering 2018, the UK’s annual gathering of OEMs and engineering supply chain professionals, has opened registration for its 10th anniversary show. The first 50 people signing up will be offered a free Ultra High Capacity Power Bank for mobile phones and laptops, to be picked up at the show.