2 September 2014
Details
INEOS Compounds and Doeflex Compounding
have today implemented the combination of
their respective PVC compounding businesses.
The newly combined business features
an integrated management team from both entities and
is known as
INEOS Compounds.
Completion of the business combination
has created a leading European PVC compounds producer
with a turnover in excess of €200m and
manufacturing sites in the UK, Sweden and Switzerland.
Jonathan Stewart,
Chief Operating Officer of INEOS Compounds
"This combination represents a strategic opportunity
for both parties and is highly complementary to
our long term growth strategy.
Customers will benefit from access to
* an extended product range;
* improved supply chain flexibility and
* combined expertise leading
to improved technical and manufacturing production capability."
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