Ascend Performance Materials has purchased Eurostar Engineering Plastics, a France-based compounder with a broad portfolio of flame-retardant engineered plastics and expertise in halogen-free formulations. Neither company disclosed the cost of the purchase.|
“Eurostar’s experience in compounded polyamides fits well within our own portfolio and manufacturing capabilities”, said John Saunders, Ascend’s vice president for Europe. “Their ‚Starflam‘ materials are enabling the transitions to clean energy and transportation, and smarter devices.”
Last year, Ascend acquired the Italian firms Poliblend and Esseti Plast, as well as a compounding facility in China.
Ascend, the world’s largest fully integrated producer of polyamide 66 resin, gains a full portfolio of UL yellow card certified flame-retardant, as well as water contact and thermally conductive, engineered plastics with the purchase. The company has said these materials will play an integral role in e-mobility, as well as in smart appliances, industrial automation and consumer electronics.
More information: www.ascendmaterials.com
Ascend Performance Materials Inc., Houston, Texas, USA