PMC Group buys polymer stabilizer line from Arkema

By Frank Esposito
Senior Staff Reporter

Published: October 4, 2012 6:00 am ET

Related to this story

Topics Materials, Mergers & Acquisitions, Suppliers

MOUNT LAUREL, N.J. (Oct. 4, 1:45 p.m. ET) — Plastics and specialty chemicals maker PMC Group has purchased a line of polymer stabilizers, catalysts and fine chemicals from Arkema SA for an undisclosed price.

The deal includes organometallic materials based on organotin and organophosphine.

Mount Laurel, N.J.-based PMC is purchasing a plant making these products in Carrollton, Ky., and part of a plant in Mobile, Ala.

Arkema, based in Colombes, France, will continue to toll-produce some of the products for PMC at a plant in Vlissingen, the Netherlands.

PMC also will buy a plant making those materials in Beijing from Arkema in the first half of 2013., officials said in an Oct. 3 news release.

Sales of the materials included in the deal totaled about $250 million in 2011.

The deal “is another exciting step in the growth story of PMC,” President Debtosh Chakrabarti said in the release. “We are very encouraged to have Arkema’s organometallics team join the PMC Group family.”

The transaction is the first plastics-related materials deal for PMC since 2006, when it bought a line of polystyrene compounds from Nova Chemicals Corp.


Comments

PMC Group buys polymer stabilizer line from Arkema

By Frank Esposito
Senior Staff Reporter

Published: October 4, 2012 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Marval's next generation expands capacity

January 30, 2015 1:27 pm ET

MAMARONECK, N.Y. — There’s a lot of history at Marval Industries Inc., but the 59-year-old compounding firm also is looking toward the...    More

Image

Oxford Polymers adds compounding capacity

January 30, 2015 1:16 pm ET

Materials maker Oxford Polymers has increased its compounding capacity by installing a new single-screw extrusion line.    More

Image

French investment firm buys Alabama-based CSP Technologies

January 30, 2015 1:10 pm ET

A French investment firm has finalized a deal to buy CSP Technologies Inc., an Auburn, Ala., company that makes specialty plastics packaging.    More

Image

Yizumi's stock price shoots up

January 30, 2015 11:56 am ET

Chinese injection press maker Guangdong Yizumi Precision Machinery Co. Ltd. has seen its stock price more than double in the first five trading days...    More

Image

Lubrizol buys Brazil-based coatings technology manufacturer

January 30, 2015 11:50 am ET

Specialty chemicals company Lubrizol Corp. of Wickliffe, Ohio, said it has acquired a Brazilian company that makes coatings technology for products us...    More

Market Reports

Plastics in Automotive: Innovation & Emerging Trends

This special report newly released by PN and sponsored by The Conair Group examines current trends in the use of plastics in automotive, materials innovations and the changing landscape. It includes a review of legislative/regulatory activity impacting vehicle development and lightweighting, market opportunities & challenges for mold and toolmakers, innovative design strategies being implemented by major OEMs and suppliers, as well as a review of key indicators in Canada, Mexico, Brazil and China.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molding Market Analysis & Processor Rankings

Plastics News BUNDLED package contains our in-depth Market Analysis of the Injection Molding segment. You will gain keen insight on current trends and our economic outlook.

As a BONUS this includes PN's updated 2014 database of North American Injection Molders RANKED by sales volume. Sort, merge, mail & prospect by end market, materials processed, region, # of plants and more.

Learn more

Upcoming Plastics News Events

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events