Polypropylene compounding leader Washington Penn Plastic Co. has expanded with the acquisition of the North American specialty compounded PP products business of ExxonMobil Chemical Co., as per Plasticsnews.com. The deal follows ExxonMobil’s decision to stop producing those products in North America. ExxonMobil customers impacted by the move now will transition to Washington Penn.
As per an ExxonMobil spokesman, the firm had made those PP compounds at a plant in Baton Rouge, La. That plant had been operated for ExxonMobil by Chemtrusion Inc., a toll compounding firm based in Houston. Production there will stop by the end of 2014.
09-Jun-14 
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