Industry News

ALTANA acquires ABB Micafil's polyurethane casting resins business

Published on 2010-06-09. Author : SpecialChem

WESEL -- The specialty chemicals Group ALTANA has acquired with immediate effect the polyurethane casting resins business of ABB Micafil, a business unit of ABB Schweiz. The business is operated under the brand names of Micares and Resodip. Polyurethane casting resins are used in electrical and electrical engineering applications for high voltage applications, among others, and in the automotive industry. The acquired business will be incorporated into the ELANTAS Electrical Insulation division. In the future, the products will be manufactured at the production sites in Collecchio (Italy) and Hamburg.

"Through the acquisition of ABB Micafil's polyurethane casting resins business we expand our electronic and engineering materials business line, which offers our customers innovative solutions, for example for transistors and sensors. Following the acquisitions of Quadrant Chemicals (U.S.) and Shimo Resins (India) in 2009, the present acquisition is a further consistent step to enhance this business area. At the same time we strengthen the sites of ELANTAS in Italy and Germany," stated Dr. Wolfgang Schütt, President Division ELANTAS Electrical Insulation.


ALTANA develops and produces high-quality innovative products in the specialty chemicals business. The ALTANA Group, with headquarters in Wesel/Germany, is a genuine "global player" with 84% of its sales generated by international activities. The ALTANA Group has four divisions: BYK Additives & Instruments, ECKART Effect Pigments, ELANTAS Electrical Insulation, and ACTEGA Coatings & Sealants. All of these divisions occupy a leading position in their target markets with respect to quality, product solution expertise, innovation and service.

ALTANA offers innovative, environmentally compatible solutions with the matching specialty products for coating manufactures, paint and plastic processors, the printing and cosmetic industries, and the electrical and electronic industry. The product range includes additives, special coatings and adhesives, effect pigments, sealants and compounds, impregnating resins & varnishes, and testing and measuring instruments.

At present, the ALTANA Group has 35 production facilities and 47 service and research laboratories worldwide. Throughout the group about 4,800 people work to ensure the success of ALTANA worldwide. In 2009 ALTANA achieved sales of about 1.2 billion euros. Its impressive earning power and high growth rate make ALTANA one of the most successful and innovative chemical groups worldwide.

Forward-looking statements

This press release contains forward-looking statements, i.e. current estimates or expectations of future events or future results. These statements are based on beliefs of ALTANA as well as assumptions made by and information currently available to ALTANA. Forward-looking statements speak only as of the date they are made. ALTANA does not intend, and does not assume any obligation, to update forward-looking statements to reflect facts, circumstances or events that have occurred or changed after such statements have been made.

Source: ALTANA

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