Berwyn, Pennsylvania – Trinseo has completed the acquisition of Italian materials supplier Applicazioni Plastiche Industriali SpA (API), it was announced 10 July.
The transaction, which was announced mid-June, includes API’s manufacturing and research facility at Mussolente, Italy, and all of API’s business, employees and assets.
The API management team and employees are now part of Trinseo’s Performance Plastics business.
“The completion of this transaction will bring great opportunities to our customers and employees,” said Chris Pappas, President and CEO of Trinseo in a 10 July statement.
“We will be…