Orica Further Expands Specialty Polymers Business
Marplex is a leading supplier of speciality engineering compounds and alloys in Australia and New Zealand with sales revenue of $65 million.
Following the acquisitions of Fernz, Welvic and Qenos Engineering Polymers over the last 18 months, the acquisition of Marplex makes Orica Australia's largest distributor of speciality polymers. The acquisition will be effective as of 1 September 2004.
Marplex Managing Director, Peter Brooksbank, will remain with the business going forward.
Orica MD and CEO, Malcolm Broomhead, had said that the acquisition would grow and enhance Orica's existing polymers distribution and compounding business, enabling Orica to provide its customers with a full range of speciality engineering polymers.
Most read news
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.