Chem-Trend announces Ultra Purge acquisition
Chem-Trend has announced the Ultra Purge business from Moulds Plus International to widen its product portfolio for thermoplastics processing operations.
The purchase includes the Ultra Purge brand, a well-known, high performance line of purging compound technologies sold throughout North America, Europe and parts of Asia and South America, along with product and processing technologies and other business assets.
“This move allows Chem-Trend to provide an even greater portfolio of purging compounds to enhance the value, efficiency and productivity that we currently offer to processors of thermoplastics,” said Chem-Trend President and CEO, Devanir Moraes.
“By acquiring the Ultra Purge business and combining it with our existingLusin brand of purge compounds, release agents and mould maintenance products, Chem-Trend significantly increases its ability to address processing needs in the thermoplastic market and strengthens its position for customer support and service.”
Headquartered in Villalvernia, Italy, Moulds Plus International provides engineering and design services for the plastics industry, and established Ultra Purge in 1998. The compounds in the range cover a broad range of thermoplastics applications, including injection moulding, hot runners, caps and closures, PET preforms, blow moulding extrusion, film extrusion, automotive and more.
“Ultra Purge was initially developed as a value-adding purging compound line for injection moulders, so we focused on creating product technologies and developing innovative manufacturing processes that would provide premium results for our customers,” said Gian Paolo Repetto, Founder and President of Moulds Plus
International SRL. “We’re excited for the next chapter in the Ultra Purge legacy, and we’re confident that Chem-Trend can take this product line to the next level.”
Chem-Trend also recently announced the planned expansion of its European headquarters in Germany. When complete, the new complex will feature a logistics centre, state-of-the-art laboratory and testing facilities with additional office space and onsite storage capabilities.
Chem-Trend says the expanded site, which is expected to be completed in 2017, further enhances its global presence and capacity to support growth throughout the region. “This represents a significant investment in our infrastructure and a continued commitment to delivering innovative technology and unparalleled service to our customers in European markets,” said Moraes.
The company is inviting visitors to its stand at K 2016 (Hall 8a, Booth H41) to discuss the products in its growing portfolio and its new business plans in more detail.