Heywood Williams Group, UK will sell some of its holdings, including its U.S. operations (e.g. Bristolpipe Corp) and further peripheral businesses in Europe within 18 months. The company intends to focus mainly on its primary business, PVC windows and doors.
Kuraray Co. Ltd., USA will build a new U.S. plant for the production of thermoplastic elastomers to meet growing demand for the material. The new facility will be located in Pasadena, have a capacity of 26 million pounds and should begin operating in the second half of 2002.
The window profile manufacturer Deceuninck Plastics Industries NV, Belgium reports an unchanged profit of Euro 8 million for the first half-year 2000. This is considered as an exceptional success due to the above-average price increase of PVC which could pass only partly to the market.
Aluplast GmbH, Germany has purchased the PVC window profile manufacturer Forbo Helmitin, a subsidiary of the Forbo group, the Switzerland. The purchase price for the business unit with 103 employees and a turnover of CHF 31 million was not disclosed. The Aluplast group has production facilities in Germany, Poland, Austria and Russia with more than 500 employees.
Film producer Plassein Packaging Corp., USA has acquired Rex International Inc., USA. The purchase will boost its annual sales by more than 50 percent. Rex is manufacturer of heavy-duty shipping sacks and specialty stretch film for commercial and industrial applications. It employs 350 and operates 24 film lines in the U.S.
Dow Engineering Plastics, USA intends to takeover Integral Compounding from Taiwan, a company of the Walsin Lihwa-Group. Integral is specialised in compounds for cable and connections for electrical applications. The purchase will strenghten Dow’s local market position in the field of IT technology.
