Euclid Chemical Acquires PSI Packaging
PSI will become part of Euclid Chemical, a unit of RPM’s Building Solutions Group that serves construction markets worldwide. PSI will provide a complementary product line to existing Euclid Chemical fiber products, as well as manufacturing capacity and expertise.
“This acquisition brings additional manufacturing and sales capacity for fibers used in concrete reinforcement to The Euclid Chemical Co. and RPM Building Solutions Group,” said Frank C. Sullivan, chairman and CEO of RPM. “As part of Euclid Chemical, PSI will expand its geographical product presence through Euclid Chemical’s strong international sales and marketing organization. We look forward to having the PSI team, led by Dave Bliek and Grant Beasley, join RPM.”
For additional details, visit www.rpminc.com.