Trinseo (Berwyn, PA) has completed its $82-million acquisition of Applicazioni Plastiche Industriali S.p.A (API, Mussolente, Italy).
API’s Mussolente manufacturing and research facility and all of its business, employees, and assets will be integrated into Trinseo’s performance plastics business.
“We will be able to grow the combined business by leveraging API’s soft-touch polymers and Trinseo’s rigid polymers to our collective customer base in all geographies,” says Chris Pappas, president and CEO of Trinseo.
By Dustin Smith
Source: Chemical Week
Eastman Chemical Co. (Kingsport, Tenn.) announced it has acquired Ai-Red Technology (Dalian) Co., Ltd., a manufacturer and supplier of paint protection and window film for auto and architectural markets in the Asia Pacific region.
BASF and Israeli packager StePac have joined forces to create the “next generation” of fresh produce packaging. BASF will provide StePac with greater flexibility to advance contact-sensitive packaging formats to a higher sustainability standard by supplying StePac with Ultramid Ccycled – a chemically recycled polyamide 6.
TotalEnergies’ biorefinery in La Mède, France, allows direct access to renewable feedstock for its drop-in RE:newable polymer range derived from bio-based products. The company claims these polymers retain virgin-like properties.
