Friday, October 5, 2012

PN Daily: Olympus Partners buys dinnerware maker Waddington North America

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  Breaking News
Olympus Partners buys dinnerware maker Waddington North America
COVINGTON, KY. (Oct. 4, 2:10 p.m. ET) -- Waddington North America Inc., a maker of plastic cutlery and dinnerware, has gone from one private equity owner to another. WNA’s new owner is ... (more)

Carbon fiber a hit in Paris
PARIS (Oct. 4, 3:20 p.m. ET) -- New uses for plastics are hitting the road in Europe, from high-end sports cars to the family van. At the press preview for the Paris Motor Show — officially ... (more)

Lubrizol adding capacity for CPVC
WICKLIFFE, OHIO (Oct. 4, 2:05 p.m. ET) -- Lubrizol Corp. will spend $125 million to build a new plant making chlorinated PVC resins and compounds in Deer Park, Texas. Lubrizol already operates an ... (more)

Malaysia's Scientex buying major film rival
KUALA LUMPUR, MALAYSIA (Oct. 4, 2:15 p.m. ET) -- Malaysia’s Scientex Bhd has reached an agreement to buy GW Plastics Holdings Bhd for 283.2 million Malaysian ringgit (US$92.63 million) in ... (more)

Newsletter continued below...

Today's sponsor:  P&M Corporate Finance: Plastics M&A Advisors

Dealmakers for Plastics & Packaging

P&M Corporate Finance is pleased to have served as exclusive financial advisor to Hancock Park Associates in its divestiture of Drilltec to Lubar & Co. and Pouschine Cook Capital Management:

"PMCF's creative approach, plastics and packaging industry expertise, and highly organized process allowed for a sale at an attractive valuation for our investors and resulted in a great fit for Drilltec's management team."
- Ken Watler, Principal with Hancock Park Associates

Contact John Hart or Matt Jamison today for a review of your business's acquisition strategy or expectations in a sale or divestiture.

John Hart
john.hart@pmcf.com
248.223.3468
P&M Corporate Finance
Plastics Investment Banking
http://plastics.pmcf.com
Matt Jamison
matt.jamison@pmcf.com
248.223.3368

PMC Group buys polymer stabilizer line from Arkema
MOUNT LAUREL, N.J. (Oct. 4, 1:45 p.m. ET) -- Plastics and specialty chemicals maker PMC Group has purchased a line of polymer stabilizers, catalysts and fine chemicals from Arkema SA for an ... (more)

Coke bottler invests in French recycling venture
ATLANTA (Oct. 4, 1:45 p.m. ET) -- Coca-Cola Enterprises Inc. (CCE) has unveiled two initiatives aimed at improving recycling behavior and infrastructure in ... (more)

Victrex to build new PEEK plant
THORNTON, ENGLAND (Oct. 4, 1:45 p.m. ET) – Victrex plc, the high performance polymer manufacturer, has started construction of a new 90 million pound ($145 million) polyetheretheketone ... (more)

Engel shows molding for electronic parts
ST. VALENTIN, AUSTRIA (Oct. 4, 1:45 p.m. ET) -- Engel Holding GmbH demonstrated its capability in molding very thin wall parts for electronic products at its symposium in St. ... (more)

Mold-Masters expands sales network into Turkey
GEORGETOWN, ONTARIO (Oct. 4, 1:35 p.m. ET) -- Hot runner maker Mold-Masters Ltd. is expanding into the Turkish market after completing its acquisition of a distribution agency in the ... (more)

  Multimedia
Video: PMD 2012: John Felton
Fluoropolymer resins also are gaining ground in the medical area through applications such as catheters, heat-shrink tubing, sutures, biocontainment vessels, pre-filled syringes and inhaler ... (more)
 
  Also of Interest

Automotive Industry Expert Kim Korth to Keynote PLV 2012

Kim Korth, president and founder of boutique consultancy firm IRN Inc. in Grand Rapids, Mich., has her pedigree in the automotive market. She has been an active participant in the industry since 1980, when she began her career at Prince Corp. (now a part of Johnson Controls) and more recently as president of Supreme Industries Inc.

Korth will share her view on lean manufacturing and where companies can cut or invest to achieve lightweighting goals to meet CAFE standards. She will give this presentation during Plastics News' second annual Plastics in Lightweight Vehicles conference, to be held Nov. 6-7 in Livonia, Mich.

Due to the great success of of collocation last year, PN is partnering with SPE's Automotive Division, which will hold its annual Automotive Innovation Awards Competition & Gala on Nov. 7.

See the full agenda at www.plasticsnews.com/plv2012 including coverage from last year's event.


 
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