wiredInUSA March 2018

Mexichem SAB de CV has acquired Sylvin Technologies Inc, a PVC compounds manufacturer based inDenver, Pennsylvania. Sylvin has a 30-year history of serving a broad range of industries, including wire and cable, electrical, industrial and automotive. Mexichem will consolidate Sylvin under the company’s vinyl business group as part of its compounds business unit. Combining Sylvin’s business model, strong team, and application development capabilities with Mexichem’s global compounds business is expected to allow Mexichem to deliver greater value to its combined US customers. Sylvin’s key raw materials are PVC resin, plasticizers and stabilizers, which should bring synergies to Mexichem’s vinyl operations. “This transaction continues Mexichem’s strategy of completing bolt-on acquisitions that expand its portfolio of specialty products and applications, and give access to new end-markets and customers, driving future growth. These products and applications can be further leveraged globally as we expand in other parts of the world,” said Sameer S Bharadwaj, president of the compounds business unit.

Compounds acquisition

27

wiredInUSA - March 2018