Reichhold and Polynt have announced the closing of the combination announced last year, after having received all regulatory approvals. Polynt-Reichhold will be a global company focusing on intermediates, coating and composite resins, thermoset compounds, gel-coats and niche specialties with more than €2 billion in revenues.
‘We intend to quickly align the cultures within the combination to support our global leadership position, better serve our customers and create value for our shareholders,’ said Rosario Valido, president and CEO of the new Group. ‘With 44 plants across the world the company will be the closest to the local needs of its customers and the just-in-time suppliers of specialty chemicals in the geographies in which they have operations. Our aim is to grow our business together with our customers and to drive the quality of our products toward the highest expectations of the industry.’
This story is reprinted from material from Reichhold and Polynt, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.