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

Milacron commits $30 million to investment in India

August 20, 2014 5:42 pm ET

MUMBAI — Cincinnati-based Milacron LLC plans to invest $30 million over the next three years in India. The investments will double capacity at...    More

Image

Automakers look under the hood for the next lightweighting opportunities

August 20, 2014 1:06 pm ET

The automotive industry's current favorite target for lightweighting efforts is the powertrain, according to a recent survey.    More

Image

ISO publishes international standard for measuring phthalates in toys

August 19, 2014 10:40 am ET

The Geneva-based International Organization for Standardization (ISO) has published an international standard on phthalates used as plasticizers in...    More

Image

RTP expands very long fiber thermoplastic production to Mexico

August 19, 2014 9:47 am ET

RTP Co. has introduced very long fiber reinforced compounds at its Monterrey, Mexico, facility.    More

Image

Report lists China's top 10 plastic mold makers

August 18, 2014 1:35 pm ET

A new market report ranks the top 10 players in China's plastic mold industry, showing strong geographic concentration in the Yangtze River Delta and ...    More

Market Reports

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

2014 Injection Molding Industry Report

GROWTH, OPPORTUNITY IN SIGHT FOR INJECTION MOLDERS IN 2014

In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.

Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

January 14, 2015 - January 14, 2015Plastics in Automotive

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

More Events