Mold release maker Chem-Trend acquires Zyvax business

EUROPEAN PLASTICS NEWS

Published: July 24, 2013 11:45 am ET
Updated: July 24, 2013 11:47 am ET

Related to this story

Topics Materials, Mergers & Acquisitions, Materials Suppliers

Chem-Trend LP, a Howell, Mich.-based mold release agent manufacturer, says its acquisition of Zyvax Inc.'s portfolio will expand its range of products for fiber-reinforced plastics (FRPs).

The deal includes Zytax technology, product and business portfolios, brands and certain manufacturing equipment, a Chem-Trend spokesperson told European Plastics News. It does not include any offices or facilities.

Chem-Trend says use of advanced composites is increasing as companies try to reduce product weight.

"There are multiple studies out that highlight the expected growth of advanced composites," said the spokesperson. "One such study is by Lux Research which forecasted advanced composites to grow at an average compound annual growth rate of 16 percent between 2010 and 2020 (report from late 2011)."

Ellijay, Ga.-based Zyvax's customers include OEMs and the molded parts manufacturers that supply the aerospace, wind energy, automotive and oil and gas industries.


Comments

Mold release maker Chem-Trend acquires Zyvax business

EUROPEAN PLASTICS NEWS

Published: July 24, 2013 11:45 am ET
Updated: July 24, 2013 11:47 am ET

Post Your Comments


Back to story


More stories

Image

Wright Plastic Products buys Tennessee auto supplier Hope Industries

March 4, 2015 3:51 pm ET

Michigan custom injection molder Wright Plastic Products Co. LLC has acquired Tennessee-based automotive supplier Hope Industries Inc., the companies ...    More

Image

Best Places To Work: No. 6, Colors For Plastics

March 4, 2015 12:35 pm ET

Colors For Plastics, which now employs 115 people, started with one man who handled everything.    More

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 ye...    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