COLORTECH
Acquisition of Eastman´s colour concentrates
Colortech Inc. (Morristown, Tennessee / USA; www.colortech.com), a subsidiary of German masterbatch producer Polyplast Müller (PPM, D-47698 Straelen; www.polyplast.com), has acquired the polyethylene colour concentrates activities of Eastman Chemical Company (Kingsport, Tennessee / USA; www.eastman.com), effective 30 September 2003. Terms of the transaction were not disclosed. PPM, which employs 300 worldwide, claims to have annual production capacity of 90,000 t/y of masterbatches. This includes 15,000 t/y of capacity for colouring mostly polyolefin-based specialities such as electrically conductive compounds and elastomer-modified materials for cable sheathing.
06.11.2003 Plasteurope.com [13945]
Published on 06.11.2003