NEWS PolyOne buys IQAP of Spain
PolyOne has acquired IQAP Masterbatch Group, a privately-owned producer of speciality colorants and additives based in Spain. IQAP generates sales of around €40m and employs 160 people at two sites in Spain and the Czech Republic. It has a capacity of 15,500 tonnes/year. “The end markets that IQAP serves are perfectly aligned with areas PolyOne knows very well, and together we will advance the possibilities for our
European customers,” said PolyOne Chairman, Presi- dent and CEO Robert Patterson. IQAP founder Xavier
Rovira said PolyOne “was the clear choice that best aligns with our vision and ideals for world-class innovation and customer service”.
IQAP supplies colour and additive masterbatches to multiple industries, includ- ing automotive, packaging, consumer, wire and cable, and textiles. Shortly before
the deal was announced, it added 1,000 m2
of new
laboratory and pilot plant facilities at its Spanish plant. IQAP was founded near
Barcelona in 1979 and moved to its current main site at Vic in 1996. Over the years, it acquired three other Spanish firms: Colorpoint, Alcolor, Paint Desarrollos and ADES. The company established its Czech production unit in 2005. �
www.polyone.com �
www.iqapgroup.com
PolyOne President and CEO Robert Patterson
SABIC starts up Geleen PP extrusion facility
SABIC has started its new PP extrusion facility at Geleen in the Netherlands, which is located next to its existing full- scale polymerisation plant and global technology centre for Europe.
SABIC described the new facility as “an important step in SABIC has started up its new PP extrusion facility at Geleen
growing and developing the company’s capabilities in the region, where Sabic has solid expertise in polyolefin developments from all aspects: catalyst, process, material and application”. The new facility will particularly address demand for lighter materials and help customers to reduce energy consumption by lowering processing temperatures and shortening cycle times. �
www.sabic.com
Celanese expands with Omni Plastics
Celanese is to acquire US-based Omni Plastics and its subsidiaries, including the distributor Resinal de Mexico, as part of its plans to add compounding capac- ity to its global asset base. It said it plans complete the deal in this quarter and will integrate Omni’s portfolio and production capabilities into its own engineered materials business.
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Omni Plastics operates a compounding facility at Evansville in Indiana, US and has additional offices in Mexico City. The company specialises in custom compounding of engi- neered thermoplastics for multiple end use markets. Its main brands include OmniLon PA, OmniPro PP and OmniCarb PC com- pounds, as well as its
COMPOUNDING WORLD | January 2018
OmniTech custom-devel- oped products. The OmniTech product line includes PBT and ABS formulations for applications with specific functional requirements, including flame retardant, conductive, wear-and-friction and improved optical clarity. The acquisition follows
Celanese’s decision in the autumn of last year to
expand its global com- pounding capacity by up to 60,000 tpa with the installa- tion of a total of five compounding lines across its Engineered Materials business units in China, the US, and Europe. It also announced a new line for its Celstran LFT business at Winona in the US. �
www.celanese.com �
www.omniplastics.com
www.compoundingworld.com
PHOTO: SABIC
PHOTO: POLYONE
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