HOWELL, Mich. (PRWEB) September 20, 2016
Chem-Trend, a global leader in the development, production and marketing of high-performance purging compounds, release agents and mold maintenance products, today announced it has acquired the Ultra Purge™ business from Moulds Plus International to widen its product portfolio for thermoplastics processing operations.
The purchase includes the Ultra Purge™ brand along with product and processing technologies and other business assets. Ultra Purge™ is a well-known high performance line of purging compound technologies sold throughout North America, Europe and parts of Asia and South America.
“This move allows Chem-Trend to provide an even greater portfolio of purging compounds to enhance the value, efficiency and productivity that we currently offer to processors of thermoplastics,” said Chem-Trend President and CEO Devanir Moraes. “By acquiring the Ultra Purge™ business and combining it with our existing Lusin® brand of purge compounds, release agents and mold maintenance products, Chem-Trend significantly increases its ability to address processing needs in the thermoplastic market and strengthens its position for customer support and service.”
Headquartered in Villalvernia, Italy, Moulds Plus International provides engineering and design services for the plastics industry, and established Ultra Purge™ in 1998. The Ultra Purge™ line of purging compounds covers a broad range of thermoplastics applications, including injection molding, hot runners, caps and closures, PET preforms, blow molding extrusion, film extrusion, automotive and more.
“Ultra Purge™ was initially developed as a value-adding purging compound line for injection molders, so we focused on creating product technologies and developing innovative manufacturing processes that would provide premium results for our customers,” said Gian Paolo Repetto, founder and president of Moulds Plus International SRL. “We’re excited for the next chapter in the Ultra Purge™ legacy, and we’re confident that Chem-Trend can take this product line to the next level.”
“Chem-Trend operates within a similar value-adding business model, which makes it the perfect buyer for the Ultra Purge™ brand,” said Graziano Pestarino, president of Moulds Plus International USA. “With Chem-Trend’s wide network, deep understanding of the market and extensive global presence, the company offers additional support for our existing customers and significant opportunities for expansion.”
With more than 55 years of dedicated experience serving molding and casting industries, Chem-Trend has an expansive global presence with production facilities on four continents, offices or local representatives in 18 countries, and a distribution network covering more than 50 countries. Chem-Trend products are used in a broad range of applications, including composites, rubber and polyurethane molding, high-pressure die casting, thermoplastics processing, wood composite pressing and in the manufacturing of tires. The company’s global sales and technical service representatives work onsite with customers to maximize value addition and provide dependable application and processing expertise.
For more information on Chem-Trend news, purging compounds, release agents and other ancillary molding products, visit our website.
About Moulds Plus International
Moulds Plus International is a leader in engineering services for the plastics market with operations in Europe and North America. Since 1998, Moulds Plus International has manufactured the Ultra Purge™ brand of purging compounds through production facilities in the U.S., Italy and Mexico.
In partnership with major plastic resin, colorant and machinery producers around the world, Moulds Plus International provided effective purging compounds that met unique needs. The company’s reputation was built on providing quality products, impeccable customer service and competitive pricing.
Founded in 1960, Chem-Trend is a global organization focused on delivering value-adding solutions to improve quality, reduce costs and boost the productivity of molding and casting operations. Chem-Trend offers a globally integrated network of experienced, knowledgeable and insightful production and technical experts in all major manufacturing regions around the world. Chem-Trend serves global manufacturers through offices in North America, South America, Asia and Europe. As a member of the Freudenberg Group, Chem-Trend adheres to the group’s “Guiding Principles,” which include commitments to providing value for customers, innovation, leadership, encouraging the well-being and development of our people, corporate and personal responsibility, and a long-term orientation. Chem-Trend’s company culture, which is intertwined with the “Guiding Principles,” drives the organization to deliver exceptional value to its customers through its high standards for conduct. For more information, visit http://www.chemtrend.com.