Our other sites
Today's newsletter | Register | Subscribe | Feedback

BASF buys Brazil’s nylon 6 maker Mazzaferro

By Frank Esposito, Plastics News
Posted 4 May 2012

BASF has acquired a nylon 6 resin and compounding plant from Mazzaferro Group in São Bernardo do Campo, Brazil.

The plant has annual polymerization capacity of about 44 million pounds. Almost 100 Mazzaferro employees will transfer to BASF as a result of the deal. No purchase price was disclosed in a May 3 news release from BASF, which is based in Ludwigshafen, Germany.

The deal does not include Mazzaferro’s monofilament, fishing equipment and household products businesses. Those businesses will continue to produce their products at plants in São Paulo and Diadema, Brazil.

“The demand for nylon in the automotive and extrusion industry will grow particularly strongly in Brazil,” BASF performance polymers president Wolfgang Hapke said in the release. “The new site enables us to share in this growth and supply our South American customers with locally manufactured product faster and more flexibly.”

Mazzaferro, founded in 1953, is a consumer products conglomerate based in São Bernardo do Campo. BASF ranks as one of the world’s largest plastics and chemicals makers with sales of almost $96bn in 2011.


Comment on this article.

[ Back ]



TOOLBOX

ALSO IN THIS SECTION
MOST POPULAR STORIES
Site Index [ + ]
Site Index [ - ]
Home:  PRW.com | Contact editorial | Contact advertising | Features List 2015 | About us
End Markets:  Automotive | Packaging | Construction | Medical | Consumer Products | Rubber
Processes:  Injection moulding | Blow moulding | Extrusion | Thermoforming
Supplier News:  Machinery | Materials | Recycling | Moulds | Design
Polymer Prices:  LME prices | Market outlooks | Resin selector
Industry Issues:  Environment | Regulation Competitiveness
Plastics Knowledge:  Knowledge Bank
Comment:  Champ Chat | Editorials | Business features
People:  Movers & Shakers
PRW Business Directory:  Directory
Classifieds:  Jobs | Classifieds
View:  Mobile | Desktop
Our Events:  PDM | Conferences
Industry Awards:  Industry Awards
Diary: Diary
Advertise with PRW
Subscribe:  PRW print | E-mail products
Reprints:  Reprints
List Rental:  List Rental
Crain Communications:  Crain Communications | Crain Publications

Entire contents copyright 2014 by Crain Communications Inc.
Plastics & Rubber Weekly and PRW.com are published by Crain Communications Ltd (registered in England & Wales No. 01576350).
Registered Office: 100 New Bridge Street, London, EC4V 6JA, United Kingdom.