HOUSTON – As part of its global growth strategy, Ascend Performance Materials has completed its acquisition of Italian firms Poliblend and Esseti Plast. With this purchase, Ascend expands its portfolio into other engineered plastics, recycled resins and master batches.
“Poliblend and Esseti Plast complement our current business exceptionally well,” said John Saunders, Ascend’s Vice President of Europe. “Our experience as a large-scale, fully integrated polyamide 66 manufacturer coupled with Poliblend’s portfolio of recycled and virgin PA66, PA6 and POM, and Esseti Plast’s extensive master-batch operations will offer our customers more choices for quality, high-performance materials on a global scale.”