NEWS
Americhem targets growth as PPC buys majority stake
Investment firm PPC has signed an agreement to acquire a majority stake in Americhem, the family-owned manufacturer of custom colour masterbatch, performance additives, and engineered compound solutions. The investment will provide Amer- ichem with additional financial resources and expertise to accelerate growth, innovation, and expansion across its end markets. Founded in 1941 and headquar-
tered in Cuyahoga Falls, Ohio, US, Americhem produces colour master-
batch and custom compounds for a variety of markets including health- care, transportation and construction. The company, which operates 10 manufacturing plants with approxi- mately 1,000 employees located throughout North America, Europe, and Asia, says it is uniquely positioned to benefit from tailwinds across large and attractive end markets. “PPC’s investment is a powerful
recognition of the strong, growth- oriented business we have built,” said John Richard, CEO at Americhem. “I
am proud to lead our talented team as we innovate new products, serve our customers with excellence, and expand our platform in our highly compelling markets. With PPC as our partner, I am confident in our trajec- tory to accelerate growth, expand R&D and innovation, and enhance our ability to solve our customers’ most complex challenges.” Americhem’s current leadership
team will continue to head the company. �
www.americhem.com
Avient announces higher sales in 2024, starts recompounding in Turkey
In its full year 2024 results, US-headquartered Avient announced sales of $3.24bn, up from $3.14bn in 2023. “We grew organic sales in
each of the regions with both our Color, Additives and Inks and Specialty Engineered Materials segments growing at 3% and 6%, respectively, while expanding adjusted EBITDA margins 90 and 110 basis points, respectively, over 2023,” said Dr Ashish Khandpur, President and Chief Executive Officer, Avient Corporation. “Our goal was to gener-
ate organic sales growth with margin expansion, and we delivered both in 2024. By continuing to focus on our customers, our team achieved these results against a choppy macro environment,” he said.
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Avient has expanded its ECCOH XL cross-linkable flame retardant additives
Avient has also an- nounced production of its Nymax REC Recycled Nylon Formulations is expanding to Istanbul, Turkey, increas- ing accessibility for custom- ers in Middle Eastern countries. These PA6-based Nymax REC formulations contain 20-100% recycled content
COMPOUNDING WORLD | March 2025
from registered sources approved under REACH. Avient says they offer comparable performance to virgin nylon grades, includ- ing high strength, durability, impact resistance, and weather resistance. “Expanding production
of these grades to Istanbul [and] using locally sourced
recycled content means we can offer Turkish and Middle Eastern countries these REACH-compliant solutions while helping to reduce the environmental impact of transporting these materi- als,” said Matt Mitchell, Director, Global Marketing of Specialty Engineered Materials at Avient. n Avient has expanded its ECCOH XL cross-linkable flame retardant additives with ECCOH XL 8054, which has been specially devel- oped for low smoke and fume wire and cable insulation and can meet stringent electrical and electronic fire safety regula- tions in Europe. The company says the additive can be used in a variety of applications, including shipbuilding, railways and construction. �
www.avient.com
www.compoundingworld.com
IMAGE: GETTY IMAGES/AVIENT
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