Polymer Solutions Group (PSG), backed by Arsenal Capital Partners acquired Flow Polymers LLC, a plastic additives manufacturers. The company had been acquired from Geneva Glen Capital, which acquired in December 2010. Flow Polymers is a plastic and rubber additive provider company from Cleveland, which also manufactures chemical dispersions for the plastic, industrial, and automotive sectors.
Arsenal industrial group, co-head John Televantos, said, “We will continue to build on the Flow Polymers acquisition by harvesting on new product launches and additional acquisitions that will enable PSG to better serve its existing customers and enter new markets.”
Arsenal formed Polymer Solutions Group in June 2015 at the time of purchase of a chemicals and polymers distributor, Peach State Labs Inc.The private equity fund, Arsenal Capital Partners has been investing in chemical and coating industry. Arsenal backed Accella Performance Materials purchased Burtin Polymer Labs and Coating and Foam Solutions in 2015.
Chemours International Operations, a publicly traded company and a leading manufacturer of titanium dioxide, is revealing its Ti-Pure brand of TiO2 at an ongoing show in Dubai, UAE.TiO2 is a key component of some of the efficient applications that include plastics, paints, laminates, and aerospace coatings. It is one of the best plastics additives that can be used in industrial applications for improved dispersion, excellent durability, and minimum energy consumption.The three-day Middle East Coatings show is taking place from 14 to 16 March at Dubai World Trade Centre in UAE.
Heike van de Kerkhof, managing director, Titanium Technologies EMEA at Chemours, said,"Chemours is participating in the Middle East Coatings show to leverage the booming regional industry. Our innovative Ti-Pure formulations are based on chemistry that was pioneered in 1931 and continues to improve even today to expand the power of coatings. During our participation in the exhibition, we look to offer sustainable solutions to our customers to enhance the quality of life of global consumers.”
Analysts studying the plastics additives market have discussed thorough information on changing market trends in research reports. Allied Market Research had published a report titled, “World Plastics Additives Market - Opportunities and Forecasts, 2012 to 2020.” As per the report, the world plastics additives market is expected to register a CAGR of 4.9% from 2013 to 2020 and would reach 41.4 billion dollars by 2020. The world plastic additives market by volume is expected to reach 17,071.7 kilo tonnes by 2020 and register a CAGR of 4.4% from 2013 to 2020.The report provides a detailed analysis of drivers and opportunities, detailed segmentation, patent analysis, and competitive landscape. Furthermore, the study highlights SWOT analysis of key manufacturers, value chain analysis, and recent developments.