Sumitomo Chemical has acquired Emas Plastik, a major plastic compounder group in Turkey.
The deal was made through Sumika Polymer Compounds Europe, a Sumitomo Chemical subsidiary, to advance the global development of its polypropylene (PP) compound business.
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PP compounds are high-performance materials made by kneading fillers such as synthetic rubber, glass fibres, or inorganic fillers into PP to improve such parameters as impact resistance or stiffness for parts like car bumpers, interior components, or casing for white goods appliances.
The Emas Group has one of the largest production capacities for PP compounds in Turkey.
In addition, it is the top seller of recycled PP compounds in the country, with its strength in procuring post-industrial plastic.
Through the acquisition, Sumitomo Chemical will enhance its network of production and marketing to automobile and white goods appliance manufacturers in Turkey, as well as respond to the rising demand for products made from recycled materials in Europe.
