RESIN (Products & Technology) BV (Enschede, The Netherlands), a privately held specialty-resin compounder, is in the process of acquiring the Yparex adhesive tie-layer business of DSM Engineering Plastics (Sittard, The Netherlands). Transaction details are not being disclosed, and the sale is expected to close within the first quarter of 2011 pending regulatory and other approvals and notifications.
Based on maleic anhydride-(MaH)-modified and functionalized polyolefin compounds, the Yparex business unit produces extrudable adhesive tie-layer resins that provide adhesion between all forms of poyolefin-based resins and other materials including metals (aluminium, steel, and copper) and barrier plastics (polyamides (nylons) and ethylene vinyl alcohol (EVOH)).
Yparex adhesive tie-layer resins are widely used in three main application areas: multilayer packaging films (e.g. barrier films for food packaging, industrial films with oxygen barrier, and multilayer non-food packaging with improved puncture resistance and mechanical properties); multilayer pipe applications (e.g. protective pipe for cabling, barrier pipe for floor and wall heating and cooling, and diffusion-free composite (metal/plastic) pipe; and multilayer cladding panels (lower cost, lightweight composites used in the construction industry to face buildings).
The Yparex business will be operated as an independent company under the name Yparex BV, with dedicated focus on adhesive tie-layer resins. Yparex BV will be headquartered at its current location on Chemelot Campus (the chemical innovation community) at Geleen.