Nylon 6/6 leader Ascend Performance Materials has acquired a pair of materials firms in Italy as it puts a new push on becoming more global as what its CEO calls one of its "pillars of growth." Houston-based Ascend purchased Poliblend and Esseti Plast GD from D'Ottavio Group. The deal includes a manufacturing facility in Mozzate, Italy. No purchase price was disclosed.
Senior Staff Reporter
Esposito joined Plastics News in April 1997. Previously, he had four years of newspaper reporting experience -- first for Suburban News Publications in Columbus, Ohio, and then for the Medina County Gazette in Medina, Ohio. He was promoted to senior reporter in January 2007. Esposito has a degree in English from Ohio's Bowling Green State University.
Last year, including K 2019, was an opportunity for DuPont Transportation & Industrial — a unit of plastics and chemicals giant DuPont Co. of Wilmington, Delaware — to put its best foot forward following a merger with Dow Inc. and a planned breakup that followed which split the operations of the companies into new units.