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DSM Desotech Accelerates Development of UV-Coatings with the Acquisition of Polymeric Processes Inc.
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 UVentionT 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.
About DSM Desotech
DSM Desotech (www.dsmdesotech.com) is a world leader in the development of high performance UV-curable materials. For the telecommunications industry, Desotech is the leading global supplier of UV-curable coatings, inks and matrix materials for the production of glass optical fiber and optical cable.
In the rapid prototyping industry, DSM Desotech's Somos® group is a leading innovator of UV-curable stereolithography resins (www.dsmsomos.com).
In 2007, DSM Desotech launched its UVentionT group, dedicated to applying Desotech's 40+ years of experience in UV-curable materials development to industries where highly specialized UV coatings are needed for challenging substrates and performance requirements. UVentionT provides custom UV coatings for plastic, metal, glass and more. Additional information about DSM Desotech's UVentionT group can be found at www.UVention.com.
DSM - the Life Sciences and Materials Sciences Company
DSM creates innovative products and services in Life Sciences and Materials Sciences that
contribute to the quality of life. DSM's products and services are used globally in a wide range of
markets and applications, supporting a healthier, more sustainable and more enjoyable way of
life. End markets include human and animal nutrition and health, personal care, pharmaceuticals, automotive, coatings and paint, electrics and electronics, life protection and housing. DSM has annual sales of almost EUR 8.8 billion and employs some 23,000 people worldwide. The company is headquartered in the Netherlands, with locations on five continents. DSM is listed on Euronext Amsterdam. More information: www.dsm.com.
For more information:
DSM Desotech
Kim Axiotis, Communications Manager
tel. +1-847-697-0400
fax +1-847-468-7795
e-mail info.desotech@dsm.com
DSM Desotech
1122 St. Charles Street
Elgin, IL 60120 USA
Telephone: +1-847-697-0400, Fax: +1-847-468-7785
Internet: www.dsmdesotech.com
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