09.20.19
Polynt-Reichhold Group announced its decision to expand the integrated business model it employs in Europe and Asia to its operations in the Americas by investing in the local production of Maleic and Phthalic Anhydride intermediates.
“With the successful merger of the worldwide composites activities of Polynt and Reichhold, we can now take the next step to strengthen our competitive position in the Americas and will purchase capacity or build Maleic and Phthalic plants with total combined capacity above 100 KT/y," said Rosario Valido, group president and CEO. "Integrating intermediates and resin production has allowed the group to gain a leadership position in the European composites business. This new opportunity allows the group to leverage our proprietary technologies and deep experience operating intermediates facilities in Europe and Asia.”
“With the successful merger of the worldwide composites activities of Polynt and Reichhold, we can now take the next step to strengthen our competitive position in the Americas and will purchase capacity or build Maleic and Phthalic plants with total combined capacity above 100 KT/y," said Rosario Valido, group president and CEO. "Integrating intermediates and resin production has allowed the group to gain a leadership position in the European composites business. This new opportunity allows the group to leverage our proprietary technologies and deep experience operating intermediates facilities in Europe and Asia.”
