UV-curable coatings leader DSM Desotech today announced the acquisition of
assets of U.S.-based Polymeric Processes Inc. (PPI), an innovative producer of
UV-curable coatings for tube and pipe applications. Both parties have agreed
not to disclose financial details.
The acquisition of Polymeric Processes accelerates the efforts of Desotech’s
UVention™ group, which develops innovative custom UV-curable materials for
select markets in the U.S. and Europe. “The tube and pipe industry is a
fast-growing market for both clear and color UV coatings,” says UVention
Market Platform Manager Dr. Anthony Toussaint. “Not only do these coatings
provide greater productivity gains for manufacturers, but they offer a greener
solution for the corrosion protection of tube and pipe products. We feel very
confident that the acquisition of PPI will enhance what we’re able to offer
this market in terms of both technology and service.”
John Maddox, President of Polymeric Processes Inc., agrees that the
acquisition is a win-win for both parties. “PPI is providing market-ready
products, a growing customer base and extensive application experience. When
combined with DSM Desotech’s global R&D resources and established market
channels, there is tremendous growth potential for this effort.”
About Polymeric Processes Inc.
Polymeric Processes, Inc. is a
Texas-based corporation specializing in 100% solid, light-cure coatings for
the Tube & Pipe industry. The company provides time-tested metal coatings to
this market that are both functional and decorative. More information about
Polymeric Processes can be found at:
www.polymericprocesses.com.