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Americhem acquires Infinity Compounding

Global masterbatch supplier Americhem has acquired Infinity Compounding, a producer of filled and rein- forced engineering thermo- plastics based in Swedesboro, New Jersey, USA. The deal was completed on 28 Decem- ber 2012.

The acquisition expands Americhem’s activities, adding technical compounding to its core business of colour and additive masterbatch manu- facturing. Rick Juve, CEO of Ameri- chem, said: “This move broadens the technology base, opens new markets and expands geographical reach for both organisations”. Carlos Carreno, president of Infinity Compounding, added: “As part of the Americhem Group, Infinity Compounding will be able to offer new products and technologies to our customers including best-in-class colour capabilities. We are also excited about Americhem’s global manufacturing and marketing reach, in particular China, which is already a grow- ing market for Infinity.”

Americhem is diversifying into technical compounds with the acquisition of Infinity

Infinity Compounding’s Carreno is excited about Americhem’s global reach

Infinity will continue to

operate independently with its existing management team. The company serves the medical, electrical/electronics, business machine, disk drive, industrial, aerospace and military sectors. It operates five compound- ing lines at its Swedesboro plant with a total capacity of around 2,200 tonnes/year.

Carreno told Compounding World that the company plans to add another compounding line in the third quarter of 2013, bringing an additional 600 tons of annual capacity. Infinity’s product ranges includes: Instruc structurally reinforced compounds, Inlube internally lubricated com- pounds, Inelec electrically conductive resins, and Incolor pre-coloured resins. Americhem is a privately

owned company with master- batch plants in the US, the UK and China. Its sales and produc- tion in 2010 were estimated at US$190 million and 30,000 tonnes. The company’s main markets are automotive, building products, fibres, PET bottles and general moulding. ❙

Wells Plastics plans expansion UK masterbatch maker Wells

Plastics has received a €1.8 million follow-on investment from private equity house Key Capital Partners and its current shareholders. Wells plans to use the funding to invest in new machinery to

increase its production capacity by around 25%. It says that one of the

drivers for its growth is increasing demand for its Reverte oxo-degradable additive masterbatches which have experienced a 20% rise in

sales over the past 12 months. Key Capital made its initial

investment in Wells in February 2011. The master- batch maker employs more than 40 people and has a turnover of €12 million. ❙

PolyOne moves into composites

PolyOne has acquired Glasforms, a manufacturer of glass and carbon fibre reinforced polymers and advanced composite products. It paid US$34 million for the company which had revenues in excess of US$50 million in fiscal year 2012. The purchase marks

PolyOne’s entry into the advanced composites market. Glasforms manufactures standard and custom profiles, tubes and panels using pultrusion, filament winding and continuous resin transfer moulding processes. Its products are used in demanding applications in the electrical, energy, transportation, healthcare, and defence markets. “Our acquisition of

Glasforms marks yet anoth- er important milestone in PolyOne’s transformation, as we further broaden our specialty solutions portfolio to include these new and adjacent technologies and applications,” said Stephen Newlin, chairman, presi- dent and CEO of PolyOne. Glasforms will continue

to operate from its Birming- ham, Alabama site. The company employs approxi- mately 300 people, and its founder and president, Peter Pfaff, will continue in his leadership role along with other members of the management team. ❙

January 2013 | COMPOUNDING WORLD 5

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