Following a decade-long joint venture with Novapol Plásticos Ltda, a wholly-owned subsidiary of Grupo Imsa SA, Scott Bader is buying out its joint venture partner.
Trading as NovaScott Especialidades Quimicas Limitada, the two speciality chemical companies joined forces in 2014. Scott Bader will now take full ownership of the company based in Serra, Espirito Santo, Brazil, continuing to locally manufacture high performance gelcoats and tooling products. The operation will now trade as Scott Bader Brazil.
“We are pleased to have reached this agreement with Grupo Imsa as it will allow Scott Bader to fully focus on our key markets across the marine, renewable energy and building and construction sectors,” said Marie Elliott, regional managing director, Americas at Scott Bader. “Establishing Scott Bader Brazil is another step on our Americas geographic expansion following the recent investment in North America, giving us the ability to provide localised supply and leverage our global expertise for our growing customer base.”
Production of Scott Bader’s Crystic Gelcoats in Brazil includes Ecogel - a zero styrene spray gelcoat approved for use across a variety of industrial applications. The environmental benefits of this particular formulation, which has low VOC levels, has already secured a major customer producing wind blades. The full portfolio of locally manufactured solutions comprises brush, spray, sandable and fire retardant gelcoats, complemented by high performance matched tooling systems under the Crestamould brand.
