Dow Polyurethanes To Acquire Hyperlast UK and Autothane from British Vita
Dow polyurethanes, a business unit of The Dow Chemical Company, announced that it plans to acquire Hyperlast Limited, a United Kingdom polyurethanes elastomers systems business, and Autothane Limited, a manufacturer of advanced automotive suspension components, pending regulatory approval.
"The decision to further expand our Polyurethane Systems' capabilities in Europe supports Dow's strategy to grow our differentiated, customer-intimate Performance businesses, which can sustain value throughout the business cycle," said Pat Dawson, vice president for Dow Polyurethanes. "From a Polyurethanes business perspective, our acquisition of Hyperlast UK and Autothane is further proof of our continued commitment to preferentially invest in and grow our PU Systems business by delivering tailor-made solutions to our customers through expanding our technology offerings."
Hyperlast UK and Autothane Limited, subsidiaries of British Vita, specialize in the development of polyurethane elastomers for the marine, engineering resins, oil and gas pipeline, and automotive industries.
No further details related to the transaction were disclosed.
Most read news
Organizations
Other news from the department business & finance

Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.