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09-19-2012

Ravago: Acquisition of Polyprime

Effective 1st of July, 2012 the Ravago Group has acquired the TPE Compounding business of Polyprime Inc. operating primarily from its manufacturing location in Arlington, TX/USA. Financial details will not be disclosed. Through the acquisition the Ravago Group will strengthen the position of Enplast Plastik Kimya San. Tic. A.S. in the global elastomers market and open the possibility to serve customers with thermoplastic elastomers on a global basis. The headquarter, research and development of Enplast will remain in Istanbul, but Enplast Americas Inc. will develop and produce special products for the North American market. Enplast will further invest in their new acquisition and will launch novel TPV materials with propriety cross link technology in Europe and Asia.

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