AkzoNobel Specialty Chemicals Completes Acquisition of Polinox
AMSTERDAM — AkzoNobel Specialty Chemicals has completed its acquisition of Brazil's Polinox, South America's leading producer of ketone peroxides, an essential ingredient in the manufacture of polymers. The purchase expands the company's footprint in South America, establishing it as one of the region's leading producers of curing systems for polyester thermoset resins.
AkzoNobel Specialty Chemicals has acquired Polinox's brands and trademarks, including Brasnox®, Perbenzox® and TecnoxSuper®, as well as its customer list and production knowhow. Manufacture of these products will move to the company's plant at Itupeva, Brazil, which is currently being expanded, by the third quarter of 2019.