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

Huntsman closing four pigment plants

March 5, 2015 3:36 pm ET

Huntsman Corp. is closing four plants — three in the U.S. and one in Germany — that make pigments for plastics and other markets.    More

Image

VisiPak adds to customer mix, product offerings with Tulox acquisition

March 5, 2015 2:19 pm ET

VisiPak has acquired Tulox Plastics Corp., a maker of clear plastic packaging.    More

Image

Auto supplier Motus adds more production as it buys Leon Interiors

March 5, 2015 10:52 am ET

Motus Integrated Technologies, a Tier 1 automotive interiors supplier, is getting bigger, adding the assets of Tier 2 supplier Leon Interiors Inc.    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

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

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