ENGINEERINGNET.EU -- Financial terms of the agreement were not disclosed, but the acquisition is expected to further strengthen the sheet activities position of Bayer MaterialScience in the North American market.
The company already operates sheet production in the USA, Mexico, Germany, Belgium, Italy as well as China, India, Korea and Australia.
To provide customers with a smooth transition, Arkema will continue to produce the products for several months through a tolling agreement.
Bayer MaterialScience has been producing extruded thermoplastic sheet products for more than 60 years. The company offers a broad range of products for a variety of areas, including architectural, security, transportation, industrial, sign and recreational.
(picture: Bayer MaterialScience)
