09.21.18
AkzoNobel Specialty Chemicals completed its acquisition of Brazil's Polinox, South America's leading producer of ketone peroxides, an essential ingredient in the manufacture of polymers.
AkzoNobel Specialty Chemicals acquires Polinox's brands and trademarks, including Brasnox, Perbenzox and TecnoxSuper, as well as its customer list and production know-how. The manufacture of those products will move to the company's plant at Itupeva, Brazil, which is currently being expanded, by the third quarter of 2019.
"We signed an agreement to acquire Polinox in July and are fully prepared for a swift integration," said Johan Landfors, executive committee member responsible for Polymer Chemistry.
Roberto Pontifex, managing director of Polinox, will join AkzoNobel Specialty Chemicals as commercial manager.
"… I am confident that we can strengthen our relationships with the knowhow AkzoNobel has to offer," said Pontifex.
AkzoNobel Specialty Chemicals acquires Polinox's brands and trademarks, including Brasnox, Perbenzox and TecnoxSuper, as well as its customer list and production know-how. The manufacture of those products will move to the company's plant at Itupeva, Brazil, which is currently being expanded, by the third quarter of 2019.
"We signed an agreement to acquire Polinox in July and are fully prepared for a swift integration," said Johan Landfors, executive committee member responsible for Polymer Chemistry.
Roberto Pontifex, managing director of Polinox, will join AkzoNobel Specialty Chemicals as commercial manager.
"… I am confident that we can strengthen our relationships with the knowhow AkzoNobel has to offer," said Pontifex.
