Ascend Performance Materials has announced the purchase of Britannia Techno Polymer (BTP), an engineering plastics compounder based in the Netherlands. The acquisition provides Ascend with a leading engineering plastics manufacturing base in Europe and an expansion to its growing portfolio of proprietary compounds.
"Our new partnership with BTP provides Ascend with a sixth manufacturing location and a dedicated footprint for serving our customers throughout Europe with enhanced compounding capabilities and broader application development expertise," said Phil McDivitt, president and CEO of Ascend. "Most importantly, BTP shares our commitment to safety, quality, innovation and customer service. Together, we will expand our offerings and continue to provide the levels of reliability and technical service customers have come to trust."
(Continued on the next page)