Trinseo has completed the acquisition of the vinyl pyridine latex business from Synthomer plc. The transaction includes product recipes, customer lists, and associated intellectual property related to the tire cord binders business.
“Trinseo is a leader in latex binder chemistry, and a long-standing supplier of synthetic rubber to the tire industry. This acquisition aligns well with our strategy to grow our Latex Binders business in Coatings/CASE applications, and also reinforces our position as a solutions provider to the high-performance tire segment,” said Frank Bozich, president and CEO of Trinseo.
As part of the transaction, Trinseo reported that it has established agreements with Synthomer for contract manufacturing the products at Synthomer’s production facility at Marl, Germany, where the products will continue to be produced.
The post Trinseo Acquires Vinyl Pyridine Latex Business from Synthomer appeared first on American Coatings Association.
from American Coatings Association https://www.paint.org/trinseo-acquires-vinyl-pyridine-latex-business-from-synthomer/
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