Sumika: Acquisition of Turkish group Emaş
Sumika Polymer Compounds Europe, a subsidiary of Sumitomo Chemical, has acquired the Turkish group Emaş. The Emaş Group founded in 1978 by the Alkan family is an important player in the compounding market in Turkey. It consists of the Almen entity in Gemlik, the Akce Plastik entity in the Izmir region, and Emaş Plastik in Bursa. Besides Thermofil PP short glass fibre compounds Sumika Polymer Compounds supplies a range of TPEs under the brand name Espolex.
|“This is an extremely positive development for Sumika Polymer Compounds Europe, which is increasing its production capacity to 140,000 tonnes a year. In addition, this acquisition is in line with the logic of our group to expand globally by bringing to 14 the number of our compounding sites in the world. Thus we can guarantee to our customers a strong service offering and reproducible products all over the world” said Ludovic Seynave, President of the Sumika Polymer Compounds Europe Group.|