Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 ALTANA Acquires Polymer Modifier Producer Kometra - Ink World Magazine

What are you searching for?

Sign in
Industry News

ALTANA Acquires Polymer Modifier Producer Kometra

Company will be integrated into ALTANA‘s BYK Additives & Instruments division

Author Image

By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

ALTANA has signed an agreement today to acquire Kometra Kunststoff-Modifikatoren und -Additiv GmbH. Kometra produces so-called polymer modifiers in Schkopau, Saxony-Anhalt, Germany. These modifiers are specific surface-active co-polymers, which are used as impact modifiers and adhesion promoters in many applications. Polymer modifiers are applied in the refinement of standard plastics and are particularly used in technical applications, for example in the automotive industry. The company will be integrated into ALTANA‘s BYK Additives & Instruments division.

“The acquisition of Kometra underlines our strategy of value creation which includes both organic growth as well as targeted acquisitions in order to expand our market leadership in technologically demanding markets,“ stated Dr. Matthias L. Wolfgruber, CEO of ALTANA AG.

“With Kometra’s technology, there are new fields of business which ideally complement and expand our existing activities,“ said Dr. Roland Peter, president Division BYK. He added that BYK’s global sales network is particularly well suited to open up new market potential for the polymer modifier technology worldwide.

Add us as a preferred source on Google

Get the latest Ink World magazine news, insights and analysis in your Google Search and AI experiences.

Add Ink World magazine as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters