Sumika Polymer Compounds Europe, a subsidiary of Sumitomo Chemical, says that it has agreed to acquire Turkish company Emas.
Ema, which was founded in 1978, is reportedly a key player in the Turkish compounding market. Sumika manufactures polypropylene (PP) short glass fiber under the Thermofil brand. With this acquisition, it will have three new compounding sites in a region of strong economic development, the company says, and can extend its sales of Thermofil into Turkey.
Sumika also reports that it will invest in the production equipment of its future sites in Turkey.
This story uses material from Sumika, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.
