Polyplastics announces merger with Topas Advanced Polymers

Supplier of engineering thermoplastics Polyplastics has announced a merger with maker of cyclic olefin copolymer (COC) Topas Advanced Polymers (TAP).

The merger will add Topas cyclic olefin copolymer (COC) resins to Polyplastics USA’s existing portfolio of engineering polymers. The combined business will be headquartered at Polyplastics existing offices in the US.

Polyplastics has held an ownership stake in Topas Advanced Polymers for over ten years. The company hopes that the merger will aid its efforts to build a strong market presence in the US.

Lindsey Deal, president of Polyplastics USA, and Timothy Kneale, president of TAP USA, said in a joint statement: “We plan to leverage and further enhance TAP GmbH’s global leadership position in COC as Polyplastics moves forward to expand its market reach in the Americas.”

The merger will deliver additional resources to the Topas COC business to support the strong growth of COC markets and applications. When completed, TAP USA will no longer exist as a legal entity, though it will have no effect on TAP’s European arm, which will continued to manufacture in Germany and handle sales for Europe, Middle East and Africa.