INEOS, Doeflex merger businesses to create leading European PVC compounds producer

05-Sep-14
INEOS Compounds and Doeflex Compounding have merged their respective PVC compounding businesses, to create a leading European PVC compounds producer. Completion of the business combination has created a leading European PVC compounds producer with a turnover in excess of €200 mln and manufacturing sites in the UK, Sweden and Switzerland. The newly combined business features an integrated management team from both entities and is known as INEOS Compounds. Comments Jonathan Stewart, Chief Operating Officer of INEOS Compounds: "This combination represents a strategic opportunity for both parties and is highly complementary to our long term growth strategy. Customers will benefit from access to an extended product range; improved supply chain flexibility and combined expertise leading to improved technical and manufacturing production capability."
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