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 Additives Business of DyStar Group - Ink World Magazine

What are you searching for?

Sign in
Industry News

ALTANA Acquires Additives Business of DyStar Group

Author Image

By: DAVID SAVASTANO

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

ALTANA has acquired the high-performance additives business of the Frankfurt based DyStar group, effective as of March 30, 2009. The acquired business with annual of sales of about €7.5 million will be integrated into the BYK Additives & Instruments division. It mainly comprises the technologies for the production of additives, the processing of plastics compounds and the existing customer contacts. The production of the additives will be integrated into BYK’s main factory in Wesel.
    
“With the acquisition of the high-performance additives business of DyStar, we continue our strategy to strengthen and further enhance the market position of our individual divisions through bolt-on acquisitions in a targeted manner,” said Dr. Matthias Wolfgruber, CEO of ALTANA AG. “With this step, we underline that our growth ambitions remain unchanged, especially in economically difficult times, and create value.”
    
“Through the acquisition of the high-performance additives business, we significantly expand the already given know-how of our company in the rapidly growing market of additives for the plastics industry,” said Dr. Roland Peter, president division BYK Additives & Instruments. At the same time, Dr. Peter said the future production at the existing production facilities in Wesel would strengthen BYK’s parent plant.

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