A look at year-end materials deals

By Frank Esposito
Senior Staff Reporter

Published: January 3, 2013 6:00 am ET

Plastics News senior reporter Frank Esposito

Related to this story

Topics Materials, Suppliers

AKRON, OHIO (Jan. 3, 1:50 p.m. ET)  — A quartet of year-end materials deals are featured in this week’s Material Insights video.

Resin distributor M. Holland Co. kicked off the year-end spree by acquiring commodity and engineering resins distributor Christler Chemical & Plastics Inc. for an undisclosed price. For Holland, it's the first acquisition in the firm's more than 60-year history.

The Holland-Christler deal quickly was followed by PolyOne Corp.’s purchase of advanced composites firm Glasforms Inc., Arsenal Capital Partners buying polyurethane and vinyl plastisol maker Dash Multi-Corp. and Invista Engineering Polymers picking up a nylon compounding and recycling plant in Born, the Netherlands. The Dash deal was the fifth plastics deal of the year for Arsenal, a New York-based private equity firm.

This week’s video wraps up with a victory lap for several publicly held plastics materials firms that had big years on Wall Street in 2012. Per-share stock prices at PVC maker Georgia Gulf Corp. more than doubled through mid-December, climbing 120 percent. PVC and polyethylene maker Westlake Chemical Co. almost duplicated that feat, posting a 96 percent price gain. Materials makers PolyOne, Huntsman Corp., Eastman Chemical Co. and Omnova Solutions Inc. each also had standout years, posting per-share price gains of 50-75 percent.

Player adds pre-roll mathelin bay ad, to single-video player. For use on PN article embedding.

By use of this code snippet, I agree to the Brightcove Publisher T and C

found at https://accounts.brightcove.com/en/terms-and-conditions/.

—>

This script tag will cause the Brightcove Players defined above it to be created as soon

as the line is read by the browser. If you wish to have the player instantiated only after

the rest of the HTML is processed and the page load is complete, remove the line.

—>


Comments

A look at year-end materials deals

By Frank Esposito
Senior Staff Reporter

Published: January 3, 2013 6:00 am ET

Post Your Comments


Back to story


More stories

Image

Ineos to combine ABS unit with Styrolution in Americas

March 4, 2015 10:03 am ET

Global materials firm Ineos Group will combine its ABS resin business with its Styrolution unit in the Americas.    More

Image

Obituary: Guido Ghisolfi, PET company executive

March 4, 2015 9:47 am ET

Guido Ghisolfi — a top executive with global PET resin leader Mossi & Ghisolfi Group — has died from an apparent suicide.    More

Image

Bayer to stop MDI production in Brazil

March 4, 2015 9:21 am ET

Bayer AG's Bayer MaterialScience plans to stop production of MDI polyurethane at its plant near Rio de Janeiro in July, removing 55 metric tons per...    More

Image

Best Places To Work: No. 3, Sun Plastech Inc.

March 3, 2015 2:25 pm ET

Sun Plastech Inc., No. 3 on Plastics News' Best Places to Work ranking, offers so many interesting benefits and perks, it's hard to know where to...    More

Image

Best Places To Work: No. 4, Ayanna Plastics & Engineering Inc.

March 3, 2015 2:39 pm ET

Ayanna Plastics & Engineering Inc., a Clearwater, Fla., injection molder and toolmaker, ranks No. 4 on the Plastics News Best Places to Work list. The...    More

Market Reports

Flexible Packaging Trends in North America

North America represents about 30 percent of the global consumption of flexible packaging. Annual growth in this region is forecast at 4 percent during the next 5 years.

For more insight on growth opportunities, drivers of growth and the outlook for 2015, download this report.

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

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

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

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

More Events