The specialty chemicals group ALTANA has acquired technologies and customer-specific know-how in the field of polypropylene wax emulsions from Royal DSM. The products can be used to coat glass fibers which are needed for the manufacturing of composites. They are typically used in the construction industry and the automotive sector. "This acquisition is another consistent step along our path of growth," said Dr. Matthias L. Wolfgruber, CEO of ALTANA AG. Within the ALTANA group, the polypropylene wax emulsion business will be integrated into BYK Additives & Instruments, the division with the highest sales volume.
"This acquisition expands our existing portfolio in the field of wax emulsions, and now enables us to offer customers an even broader range of additive solutions," explained Dr. Christoph Schlünken, President of the BYK Division. Just recently, in October 2013, BYK also acquired Rockwood's rheology business.
About BYK Additives & Instruments:
BYK Additives & Instruments is one of the world's leading suppliers in the additives and measuring instruments sector. Approximately 87% of sales are generated by foreign countries. The major export markets are Europe, the United States, and the Far East.
Additives are chemical substances which, even in small quantities, improve product properties such as scratch resistance or surface gloss. Manufacturing processes are also optimized through the use of additives. The coatings, printing inks, and plastics industries are some of the main areas of application for BYK additives. And BYK additives also serve to improve product properties and production processes in paper surface finishing, or the production of adhesives and sealants, and in construction chemistry. In 2009, BYK extended its portfolio to include raw materials for the production of mold release agents for aluminum die casting. BYK testing and measuring instruments can quantify the quality of color and gloss, and the physical properties of paint, plastic and paper products. Instruments from BYK are predominantly used for quality control.
BYK Additives & Instruments employs around 1,800 people worldwide, 25% of whom work in research and development departments or technical laboratories.
www.byk.com
"This acquisition expands our existing portfolio in the field of wax emulsions, and now enables us to offer customers an even broader range of additive solutions," explained Dr. Christoph Schlünken, President of the BYK Division. Just recently, in October 2013, BYK also acquired Rockwood's rheology business.
About BYK Additives & Instruments:
BYK Additives & Instruments is one of the world's leading suppliers in the additives and measuring instruments sector. Approximately 87% of sales are generated by foreign countries. The major export markets are Europe, the United States, and the Far East.
Additives are chemical substances which, even in small quantities, improve product properties such as scratch resistance or surface gloss. Manufacturing processes are also optimized through the use of additives. The coatings, printing inks, and plastics industries are some of the main areas of application for BYK additives. And BYK additives also serve to improve product properties and production processes in paper surface finishing, or the production of adhesives and sealants, and in construction chemistry. In 2009, BYK extended its portfolio to include raw materials for the production of mold release agents for aluminum die casting. BYK testing and measuring instruments can quantify the quality of color and gloss, and the physical properties of paint, plastic and paper products. Instruments from BYK are predominantly used for quality control.
BYK Additives & Instruments employs around 1,800 people worldwide, 25% of whom work in research and development departments or technical laboratories.
www.byk.com
