Skip to main content
Sister Publication Links
  • Rubber & Plastics News
Subscribe
  • My Account
  • LogIn
  • News
  • Technology Focus
    • Features
    • Technical Papers
    • Analysis: Rubber mixing plants of the future
      Analysis: US probes dumping by ESBR suppliers
      Opinion: Tire labels stuck in a rut
      Analysis: NR pricing takes one step forward, two steps back
    • Technical paper: Varying Si-substituents for rubber silanes
      White paper: Role of tire innerliners in improving 'in-use rolling resistance'
      White paper: Why tire air retention matters now more than ever
      Nippon Soda: Use of 1,2-polybutadiene in CSM rubber applications
  • Events
    • ERJ Events
    • ERJ Livestreams & Webinars
    • Industry Events
    • Journey to Automation Awards 2020
      Sustainability: Top 10 E4S projects table
  • Maps & Reports
  • People
  • Directory
  • Digital Edition
  • Brainiac
MENU
Breadcrumb
  1. Home
  2. News
June 16, 2017 12:00 AM

Trinseo acquiring Italian elastomers company API

Shahrzad Pourriahi
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    Berwyn, Pennsylvania – Trinseo is acquiring API Applicazioni Plastiche Industriali SpA in a deal announced 15 June and expected to close in the third quarter of 2017.

    API’s “strong position” in soft-touch polymers will complement Trinseo’s strengths in rigid polymers, said Chris Pappas, president and CEO of Trinseo, which is funding its “first acquisition” from existing cash.

    The purchase from the Brunetti family is part of a strategy to grow Trinseo’s ‘performance materials’ businesses in all global regions, added Pappas.

    The transaction includes API’s manufacturing and research facility at Mussolente, Italy, and all of API’s business, employees and assets. The management team and workforce will join Trinseo’s performance plastics business.

    “After 60 years of successful history, API today celebrates an important milestone,” said Lorenzo Brunetti, vice president, son of founder Sergio Brunetti.

    Selling to Trinseo, he claimed, can lead to “absolute excellence and leadership on the global market.  We see a bright and successful future for the people we care for the most: our dedicated and talented employees.”

    API’s products are distinct from Trinseo’s and are complementary, according to Hayati Yarkadas, senior vice president and business president, performance materials at the US group.

    “Trinseo’s rigid plastics have a very strong position in automotive, medical and consumer markets. API’s soft-touch TPE products are often used together with rigid plastics in similar applications, so the combination of Trinseo and API will benefit customers,” Yarkadas explained

    API’s soft-touch polymers include TPEs, thermoplastic polyurethanes, EVA-based compounds, and two-component PUs. Its main markets are automotive, footwear, appliances, furniture, sports goods, consumer goods, packaging, construction, and medical.

    Based in Bassano del Grappa, near Venice, Italy, API has been working in the research, development and production of customised thermoplastic compound materials and elastomers for since 1956.

    The company claims to offer "a complete range of TPU, TPE, PU and the latest biodegradable elastomers" to its clients in various industries.

    RECOMMENDED FOR YOU
    Calender maker Comerio Ercole on a roll
    Calender maker Comerio Ercole on a roll
    Bridgestone unveils major upgrade at off-road tire plant 
    Bridgestone unveils major upgrade at off-road tire plant 
    Michelin, ProovStation join hands in automated vehicle inspections
    Michelin, ProovStation join hands in automated vehicle inspections
    Free Newsletters

    Breaking news and in-depth coverage of essential topics delivered straight to your inbox.

    Subscribe today

    Get the latest news impacting the European rubber industry, from breaking news to razor-sharp analysis, in print and online.

    Subscribe now
    Connect with Us
    • LinkedIn
    • Twitter
    • Youtube

    Logo
    Contact Us

    @ 2019 European Rubber Journal. 
    European Rubber Journal is published bi-monthly by NUERJ Ltd.

    Registered Office: Castle House, 89 High Street,
    Berkhamsted, Hertfordshire HP4 2DF, United Kingdom. 

    Tel. + 44 (0)203 196 0141 

    Registered No. 13104613 England

    Email: [email protected]

    Website www.european-rubber-journal.com

    Customer service 

    Tel. + 44 (0)203 196 0141 

     

    Resources
    • About us
    • Contact Us
    • Advertise with Us
    • Media Kit
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    • Privacy Request
    Copyright © 2021. NUERJ LTD. All Rights Reserved.
    • News
    • Technology Focus
      • Features
      • Technical Papers
    • Events
      • ERJ Events
      • ERJ Livestreams & Webinars
      • Industry Events
    • Maps & Reports
    • People
    • Directory
    • Digital Edition
    • Brainiac