NEWS
Unigasket acquisition expands operations in North America
Italy-based Unigasket has acquired MTO Hose Solution, a US producer of PTFE tubes. MTO, based in Newark,
Delaware – with a separate branch in Texas – has been active for over 20 years in markets including medical, aerospace and automotive. Its turnover last year was around US$10 million. Unigasket says the
Calissi: “Acquiring MTO will help us strengthen our positioning in North America”
takeover consolidates its position in North America – and takes its annual turnover
to more than €100m. In addition, Unigasket strength- ens its position in fluorinated polymers. Unigasket is headquar-
tered in Villongo, Italy and makes industrial PTFE tubes and hoses, gaskets and sealing at a 16,000 sq m factory. It also has branches in Romania, Poland and the Netherlands, and employs around 500 people. It has an export share of around 60%. Since 2018 it has been 75% controlled by private
Danish and Polish pipe component firms merge
Two pipe fittings companies – in Denmark and Poland – have merged in order to “achieve the best possible position in the future European market”. Salling Plast of Denmark and BG Industry of Poland are both specialists in fittings and plastic compo- nents for the district heating sector and for pipe manu- facturers. Geert Skovsgaard, CEO
of Salling Plast, said the move would help in areas such as capacity, competi- tiveness and increased customer focus. “Through the merger, we become one of the largest players in the European market,” according to Skovsgaard. “We will offer a stronger product range and geographical proximity to
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equity fund PFH Palladio Holding, while 25% is held by its president and found- er, Vittorio Calissi. “MTO is a company of
extraordinary quality in terms of its range of products and reference customers,” said Calissi. “By exploiting synergies with Unigasket, we will be able to obtain important results in the near future – and strengthen our positioning in North America.” �
www.unigasket.it
US plastics industry up in 2022
IMAGE: SALLING PLAST
the largest customers.” The new company’s factory in Zabrze, Poland – which employs 60 people – will focus on large-scale manufacturing and machin- ing of HDPE components. The Danish plants in Ranum and Hurup Thy, with 80 employees, will concentrate on pre-insulated fittings and valves.
Hurup Thy develops and manufactures customised solutions and pressure pipe components, mainly in large dimensions. The plant in Zabrze is in the process of being replaced by a new 7,500 sq m facility, that is due to open in the first half of this year. �
www.sallingplast.com �
www.bgindustry.com
The US plastics industry continued to grow in 2022 against a backdrop of weaker domestic and global economic growth, said the Plastics Industry Association. “All told, demand for plastics and plastic prod- ucts stayed stable in 2022,” said the organisation. As an example, it said
resin production in Decem- ber 2022 was 1.5% ahead of the same period in 2021, while the value of resin sales rose 2% for the year. Industrial capacity also
rose steadily over the year – from around 112.5 to nearly 115 (using 2017 as a base of 100). Capacity utilisation also
reached around 81%. �
www.plasticsindustry.org
January/February 2023 | PIPE & PROFILE EXTRUSION 5
IMAGE: UNIGASKET
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