Dow Polyurethanes to Acquire Hyperplast and Autothane
Dow Polyurethanes has announced plans to acquire Hyperplast UK, a manufacturer of polyurethanes elastomers and Autothane Ltd., a manufacturer of advanced automotive suspension components.
“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 Ltd., subsidiaries of British Vita, specialize in the development of polyurethane elastomers for the marine, engineering resins, oil and gas pipeline, and automotive industries.