Mitsubishi Chemical Advanced Materials, an affiliate company of Mitsubishi Chemical Holdings and a producer of high-performance thermoplastic material, says it has acquired Advanced Polymer Technologies. Financial details of the deal were not disclosed.
APT offers “advanced engineering plastic solutions through polymer conversion technologies in North America and Asia to the semiconductor, aerospace/defense, energy and medical industries,” it says. The acquisition will add one manufacturing facility to MCAM’s seven existing facilities in the US, it adds.
By Kartik Kohli
Source: Chemical Week
We are closing the chapter of the Chemicals Import Export Headquarters, and opening a new chapter under the name of Qemetica – a chemical group driving many industries on all continents. Therefore, the change of name is also accompanied by the adoption of the key goals of the business strategy for the next 6 years. – says Kamil Majczak, President of the Management Board.
In its efforts to advance chemical recycling, Neste has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires. In the processing run, Neste produced high-quality raw material for new plastics and chemicals.
Sika is opening a state-of-the-art facility in Lima, Peru, to produce synthetic macro fibers, and expanding the rollout of a product range with great growth potential in Latin America. With this innovative technology, Sika is further strengthening its position as a leading supplier to the mining industry and a strong partner for infrastructure projects.