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Mitsubishi Chemical acquires US compounding business

7:19 AM MDT | April 22, 2013 | Deepti Ramesh

Mitsubishi Chemical says that it has acquired compounding business Comtrex (Warren, MI). Financial terms were not disclosed. Comtrex has been engaged in the polyvinyl chloride (PVC) compounding business for over 30 years. Comtrex began developing vulcanized thermoplastic elastomers (TPVs) in 2000 and selling this product in 2002, and this product line has seen strong growth in recent years, Mitsubishi says. Comtrex will become part of the company’s Mitsubishi Chemical Performance Polymers (MCPP; Greer, SC) subsidiary. Mitsubishi established MCPP as a...

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