Industry News

DSM Desotech Accelerates Development of UV-Coatings for Tube and Pipe Market with the Acquisition of Polymeric Processes Inc.

Published on 2008-03-25. Author : SpecialChem

Elgin, IL,USA -- UV-curable coatings leader DSM Desotech has 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.

Source: DSM Desotech

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