Bayer MaterialScience LLC acquires Tuffak polycarbonate sheet business
Bayer MaterialScience LLC plans to acquire the polycarbonate sheet business of Arkema, Inc., which includes the company’s Tuffak® line of products used in such markets as aerospace, transportation and heavy equipment. In addition, the acquisition includes production equipment that will be transferred to Bayer MaterialScience LLC’s sheet business in the NAFTA region. In an effort to provide customers with a smooth transition to Bayer MaterialScience, Arkema, Inc. will continue to produce the products for several months through an agreement with Bayer MaterialScience.
“The addition of the well-known Tuffak business will further strengthen our quality leadership position in the growing North American polycarbonate sheet market,” said Thomas Karl Kastner, global head of Bayer MaterialScience’s sheet business. “We plan to quickly integrate the Arkema, Inc. sheet business into our portfolio in order to provide our customers with an enhanced portfolio of industry leading polycarbonate sheet products. This acquisition will support our strategic initiative to establish polycarbonate sheet as the product of choice in the security glazing, mass transportation and signage markets.”
For more than 60 years, Bayer MaterialScience has maintained a leadership position in innovation and quality production of extruded thermoplastic sheet products. Bayer MaterialScience offers a broad range of Makrolon® polycarbonate sheet products for a variety of markets, including architectural, security, transportation, industrial, sign and recreational.
“Bayer MaterialScience continues to expand its polycarbonate sheet portfolio through focused development efforts,” said Dennis Duff, managing director of Bayer MaterialScience’s sheet business in the NAFTA region. “With access to some of the world's leading experts in polymer technology and applications, our market-driven innovations have positioned this segment for sustainable future growth.”
Arkema, Inc. is the U.S. subsidiary of French company Arkema Group.
For more information about Bayer MaterialScience LLC, visit www.bmsnafta.com.