ALTANA has acquired technologies and customer-specific know-how in the field of polypropylene wax emulsions from Royal DSM. The products can be used to coat glass fibers which are needed for the manufacturing of composites. They are typically used in the construction industry and the automotive sector.
"This acquisition is another consistent step along our path of growth," said Matthias L. Wolfgruber, CEO of ALTANA AG. Within the ALTANA group, the polypropylene wax emulsion business will be integrated into BYK Additives & Instruments, the division with the highest sales volume.
"This acquisition expands our existing portfolio in the field of wax emulsions, and now enables us to offer customers an even broader range of additive solutions," added Christoph Schlünken, president of the BYK Division. Just recently, in October 2013, BYK also acquired Rockwood's rheology business.
ALTANA Acquires DSM's Polypropylene Wax Emulsion Business
Published February 7, 2014
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