Univar Inc. announced that its wholly owned subsidiary, Univar Ltd. acquired all of the outstanding stock of Polymer Technologies Ltd., a UK-based developer and distributor of unique UV/EB curable chemistries used to formulate paints, inks and adhesives.
Founded in 2001, Polymer Technologies offers UV/EB-curable oligomers and monomers that deliver specific performance benefits in applications including printing inks, wood coatings, plastic finishes, laminates, overprint varnishes and adhesives. The company also serves as the sole UK distributor for Asia’s largest manufacturer of UV/EB curable products.
“The acquisition of Polymer Technologies enhances our existing offering to several end markets with unique chemistries that enable formulation of environmentally friendly products where solvent-based systems are currently used,” said David Jukes, president, Univar EMEA, Latin America and Asia.
“As technology continues to develop, radiation curing is likely to be used in more and more applications,” said Dr. Glenn McAuliffe, director, Polymer Technologies. “When we explored further opportunities to increase the availability of our branded and imported products to both new and existing markets, Univar was the right fit for our suppliers and customers.”