Kickstart: A view behind the headlines
A view behind the headlines
There have been some big M&A deals going on, and we have a little more information behind what was driving a couple of them.
Don Loepp has an update on Trinseo SA and its acquisition of Arkema's acrylics business. The deal will bring a big brand name, Plexiglas, to Trinseo's stable but it also adds a big opportunity for growth in Asia.
The PMMA business employs 860 and operates seven production sites — four in Europe and three in North America. Trinseo CEO Frank Bozich said the biggest demand for PMMA is in Asia. "This represents a major growth opportunity for Trinseo because we already serve the same markets in China and across Asia with our engineered materials and base plastics."