UV-curable coatings leader DSM Desotech has announced the acquisition of the assets of U.S.-based Polymeric Processes Inc. (PPI), an innovative producer of UV-curable coatings for tube and pipe applications.
The acquisition of Polymeric Processes accelerates the efforts of Desotech’s Uvention
TMgroup, which develops innovative custom UV-curable materials for select markets in the U.S. and Europe. “The tube and pipe industry is a fast-growing market for both clear and color UV coatings,” said Uvention Market Platform manager Dr. Anthony Toussaint. “Not only do these coatings provide greater productivity gains for manufacturers, but they offer a greener solution for the corrosion protection of tube and pipe products. We feel very confident that the acquisition of PPI will enhance what we’re able to offer this market in terms of both technology and service.”
John Maddox, president of Polymeric Processes Inc., agrees that the acquisition is a win-win for both parties. “PPI is providing market-ready products, a growing customer base and extensive application experience. When combined with DSM Desotech’s global R&D resources and established market channels, there is tremendous growth potential for this effort.”
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DSM DESOTECH ACQUIRES POLYMERIC PROCESSES INC.
April 1, 2008