Increased Stake Brings Greater Resources to TOPAS Business
FRANKFURT, Germany, 31 March 2017 – Effective as of April 2017, Polyplastics is increasing its ownership stake in TOPAS Advanced Polymers from the previous 45% to 51%, assuming majority control of the business. To denote this closer alliance between Polyplastics and TOPAS Advanced Polymers, a new TOPAS logo has been introduced, utilizing the same corporate colors as the Polyplastics Group.
There will be no change in the structure or operations of TOPAS Advanced Polymers as a result of this ownership shift. As they have for over a decade, the two businesses will continue to work closely together to grow the global markets for their respective industry-leading families of materials.
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With over fifty years' experience, Polyplastics is one of the world's leading engineering polymer manufacturers. Polyplastics offers the increasingly rare combination of strong technical and customer service plus a resin portfolio that strengthens the performance of products from leading manufacturers of automotive, electronic, aviation, appliance and other products around the world. The top global producer of POM (acetal) resins under the DURACON® brand, Polyplastics also is an industry leader in PBT (DURANEX®), PPS (DURAFIDE®), and in the Asia/Pacific market LCP (LAPEROS®) and COC (TOPAS®). Headquartered in Tokyo, with offices around the world, Polyplastics resins are available in major markets worldwide. Please visit www.polyplastics.com to learn how Polyplastics can provide the solutions your business needs.