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.
Eurostar’s experience in compounded polyamides fits well within Ascend’s portfolio and manufacturing capabilities, according to John Saunders, Ascend’s vice president for Europe. Eurostar’s 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. These acquisitions form part of Ascend’s strategy of becoming a more global, diversified and reliable supplier to customers, according to Phil McDivitt, Ascend’s president and CEO.
Ascend, a 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.
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