Page 167 - CW E-Magazine (5-12-2023)

News from Abroad

FILMS & SHEETS

Röhm combines acrylics business and acquired

Sabic unit into ‘Polyvantis’ brand

Röhm, the German leader in meth- ever do alone, and we are committed
acrylates production, has announced to accelerate growth further,” said Mr.
that it is merging its acrylic products Ronald Ayles, Managing Partner at the
business unit and SABIC’s functional financial sponsor, Advent International.
forms business unit to form Polyvantis.
Long-term license agreements have
In December 2022, Röhm agreed Greek prefix “Poly”, meaning “many”, been concluded with both Röhm and
to acquire SABIC’s Functional Forms with the Italian “avanti” or the French SABIC for the respective brands in
Division for polycarbonate film and sheet “avant”, both of which mean “forward”. their segment. The Plexiglas/Acrylite
products globally. The carve-out of moulding compounds business will re-
acrylic products business from Röhm Polyvantis’ global organisation main at Röhm, and the polycarbonate
and of functional forms business from with sales of about $700-mn will have Lexan resin business will remain with
SABIC, and closing of the deal with a workforce of about 1,500 emplo- SABIC.
SABIC is expected around Q2-2024, yees and 16 production sites across the
subject to obtaining customary regula- Americas, Europe, Asia, and Africa. “Polyvantis will remain closely
tory approvals. associated with Röhm and SABIC thanks
“For the first time, customers will to the shared brands and long-term
“Polyvantis will be a new industry be able to obtain superior products, in- agreements. We look forward to the
leading global player in the acrylics cluding Plexiglas/Acrylite, Lexan films future partnership and are convinced
and polycarbonate film and sheet indus- and sheets from a single source. This that new market opportunities will open
try,” the company said in a press note. merger will allow the two businesses to up for Polyvantis,” said Mr. Michael
The name ‘Polyvantis’ combines the achieve more together than they could Pack, CEO of Röhm.
CONTRACT MANUFACTURING

AGC subsidiary completes new production line

for agrochemicals and pharmaceuticals

Japan’s AGC has announced that cal synthesis. In addition, the plant has
its arm, AGC Wakasa Chemicals, a also strengthened its development func-
CDMO for synthetic agrochemicals tion in 2022, with the aim of enhancing
and pharmaceuticals, completed a new seamless collaboration between pro-
large-scale production line at its Kami- cess development and manufacturing.
naka plant in Japan. This will enable more rapid process
development and scale-up of synthetic
This expansion, previously an- agrochemicals and pharmaceuticals,
nounced on November 21, 2021, will the company said.
boost the company’s manufacturing
capacity to 1.5 times the current level, and The AGC Group launched its
is scheduled to commence operations CDMO business for synthetic agro-
in the first quarter of 2024 as originally chemicals and pharmaceuticals in 1985
planned. line, which together with the exist- building on the strength of its diverse
ing small- and medium-scale facilities chemical synthesis technologies, in-
This expansion will include a new will be able to meet demand for a wide cluding fluorinated compound synthe-
large scale multi-purpose production range of production volume and chemi- sis.

Chemical Weekly December 5, 2023 167

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