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Arsenal Capital to acquire pigments and dispersions supplier Plasticolors

May 08/2012

(plasteurope) -- Arsenal Capital Partners (New York / USA) has announced plans to acquire pigments and dispersions supplier Plasticolors (Ashtabula, Ohio / USA) and merge it with Evonik Industries (Essen / Germany) Colortrend global colourants business. Arsenal completed the purchase of Colortrend last month.

Plasticolors and Colortrend will be merged to create a new company, Chromaflo Technologies (Ashtabula), which Arsenal said will be the worlds largest independent global pigment dispersion platform.

Chromaflo Technologies will have production facilities in the USA, Canada, The Netherlands and Australia, plus sales and technical operations in North and South America, Europe, Australia, China, Malaysia and India.
Author:Anna Larionova
Category:General News
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