Audia buying liquid masterbatch plant from BASF

By Frank Esposito
Senior Staff Reporter

Published: February 19, 2014 3:41 pm ET
Updated: February 19, 2014 3:43 pm ET

Related to this story

Topics Materials, Mergers & Acquisitions, Materials Suppliers
Companies & Associations BASF SE

Audia International — owner of three U.S.-based materials firms — is buying a liquid masterbatch plant in France from BASF SE.

No terms were included in a Feb. 19 news release. The plant is in Clermont de l’Oise, a city of about 10,000 in northern France. Officials with Ludiwgshafen, Germany-based BASF said that their firm is selling the plant in order to focus on solid and powder masterbatches. For BASF, liquid masterbatches “are a niche business and not part of its future focus,” they said.

The transaction is expected to close in mid-2014. Officials with Washington, Pa.-based Audia said in the release that the acquisition “is very strategic and represents an exciting expansion in technology, markets and geography.” Audia will run the liquid masterbatch plant as part of Uniform Color Co., a color concentrates maker based in Holland, Mich.

Uniform Color also operates a plant in Mexico and has manufacturing partnerships with firms in England and China. An Audia-owned plant in Slovakia is shared by Uniform Color and Washington Penn Plastic Co., a Washington, Pa.-based firm that ranks as one of North America’s largest polypropylene compounders.

Audia also owns Southern Polymer Inc., a resin distributor based in Atlanta. In total, Audia firms employ more than 1,000 at 10 manufacturing sites in North America and Europe.


Comments

Audia buying liquid masterbatch plant from BASF

By Frank Esposito
Senior Staff Reporter

Published: February 19, 2014 3:41 pm ET
Updated: February 19, 2014 3:43 pm ET

Post Your Comments


Back to story


More stories

Image

China's biggest fuel tank maker getting a US foothold

April 23, 2014 4:41 pm ET

The majority owner of China's biggest fuel tank maker is expanding its global automotive footprint with the acquisition of the fuel tank unit of...    More

Image

China's Shide Group, BASF unveil 'revolutionary' all-plastic window profile

April 23, 2014 9:10 pm ET

SHANGHAI — The PVC window profile market in Asia is expected to increase four-fold by 2025, and Chinese building products maker Dalian Shide...    More

Worker dies in fall at Formosa Texas plant

April 23, 2014 4:04 pm ET

A subcontractor died April 22 after falling 25 feet during routine cleaning operations at a Formosa Plastics Corp. USA facility in Point Comfort,...    More

Image

Milliken expanding SC plant for additional PP clarifying agent capacity

April 23, 2014 3:42 pm ET

American chemical company Milliken & Co. has announced plans for a major expansion in capacity for its Millad NX8000 clarifying agent for...    More

Clariant says Asia holds the key to growth

April 23, 2014 3:52 pm ET

Clariant AG is based in Switzerland, but its eyes are firmly focused further east.    More

Market Reports

Market Data Book - Rankings & Lists

A one-stop download of Plastic News' exclusive annual lists and processor rankings containing essential data including sales, employees, end markets, materials and more.
EXCLUSIVE EXCEL FEATURE: full mailing address details for available plant locations.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook North America

This in-depth report provides analysis and discussions of economic and political conditions, market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as strategies being implemented by thermoformed packaging companies. In addition, there are reviews of 25 leading thermoformers in the packaging segment, assessing their growth initiatives and performance metrics over 10 years.

Learn more

Mold Making and Tooling Review and Outlook 2014 North America

This report provides in-depth analysis of the mold and toolmaking market for North America, including discussions of trends, opportunities, threats, the latest developments in production and labor and equipment trends impacting moldmakers.

Learn more

Upcoming Plastics News Events

May 6, 2014 - May 8, 2014Plastics in Medical Devices 2014

May 12, 2014 - May 12, 2014Plastics News Brazil Pharma Summit

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

February 3, 2015 - February 7, 2015Plastics News Executive Forum 2015

More Events