Ineos, Doeflex to combine PVC compounding in the U.K.

Anthony Clark
PRW

Published: May 21, 2014 11:40 am ET
Updated: May 21, 2014 11:42 am ET

Related to this story

Topics Materials, Mergers & Acquisitions, Materials Suppliers, Europe

Doeflex Compounding Ltd. is planning a merger with Ineos Group AG to create a new compounding company in the United Kingdom. No name has yet been chosen for the merged operation.

According to Bill Trendell, managing director of Doeflex, based in Swindon, England, the intention of the proposed deal is to enable the new company to better respond to customer needs by enabling a “one-stop service from small to large orders across the full spectrum of our products and to reap the benefit of the merged skills and resources of both entities.” 

Ineos Compounds is a restructured group within the Ineos Group of companies focusing on manufacture of PVC compounds from three sites located in the U.K., Switzerland and Sweden. The business supplies over 100,000 metric tons a year of specialized formulations of both rigid and flexible PVC compounds, predominantly into the construction and medical supplies sectors across Europe.

The proposed combination is subject to competition clearance from the European Commission and until completion of the proposed merger Ineos and Doeflex will continue to run their PVC compounding businesses separately.


Comments

Ineos, Doeflex to combine PVC compounding in the U.K.

Anthony Clark
PRW

Published: May 21, 2014 11:40 am ET
Updated: May 21, 2014 11:42 am ET

Post Your Comments


Back to story


More stories

Image

Polypropylene prices rise, while PE and PS fall

February 26, 2015 4:01 pm ET

North American prices for polyethylene and polystyrene resins continued to fall in February, while regional prices for polypropylene showed a...    More

Image

Price and sustainability both key to success for carpet recycler

February 26, 2015 1:28 pm ET

DALLAS — A green message will get you in the door, but ultimately that sustainability message has to be backed up with quality at the right...    More

Image

Ferro acquires TherMark Holdings for $5.5 million

February 26, 2015 12:15 pm ET

Ferro Corp. said it acquired privately held TherMark Holdings Inc., a laser marking technology company, for $5.5 million in cash.    More

Image

UK composites firm taking a global approach

February 26, 2015 11:46 am ET

MCL Group Industries Ltd., the Staffordshire, England-based composites manufacturer, has announced plans to export worldwide for the first time.    More

Image

Serbia puts Krušik-Plastika up for sale

February 26, 2015 11:39 am ET

The Serbian Privatization Agency has launched the privatization process for local plastics maker Krušik-Plastika. The agency says it is currently...    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