Ascend Performance Materials has purchased Eurostar Engineering Plastics, a France-based compounder with a broad portfolio of flame-retardant engineered plastics and expertise in halogen-free formulations.
Ascend, the world’s largest fully integrated producer of polyamide 66 resin, gains a full portfolio of UL yellow card certified flame-retardant, as well as water contact and thermally conductive, engineered plastics with the purchase. The company has said these materials will play an integral role in e-mobility, as well as in smart appliances, industrial automation and consumer electronics.
Last year, Ascend acquired the Italian firms Poliblend and Esseti Plast, as well as a compounding facility in China.