(Plastics Today) -- A. Schulman Inc. (Akron, OH) has acquired Brazilian masterbatch additive producer and engineered plastics compounder Mash Compostos Plasticos (Sao Paulo), calling the South American country "a key market" in its overall growth strategy.
Joseph M. Gingo, A. Schulman chairman, president, and CEO, noted the growth potential of the market based on its relatively low per capita consumption of plastic. Compared to per capita plastics consumption of around 130 kg in the U.S., Brazil's resin consumption amounts to 27 kg. ICO in Brazil targeted rotational molding with crosslinked PE foam, PE, and PP, and offices in Sao Paulo, Bahia, and Minas Gerais.
Mash Compostos Plasticos founded in 2004 creates compounds based on PP, ABS, PC, PPS, and POM, among others, with additive packages for flame retardancy, antioxidants, antitstatic, and UV absorption.