18 October 2010 13:38 [Source: ICIS news]
LONDON (ICIS)--A Schulman has agreed to purchase Mash Compostos Plasticos, a masterbatch additive producer and engineered plastics compounder based in ?xml:namespace>
The transaction was expected to close on 3 November 2010 pending customary closing procedures, it added, without disclosing financial details of the deal.
A Schulman said that with the acquisition of Mash, it hoped to expand its presence in the
"The Brazilian plastics industry holds significant growth potential because per-capita consumption of plastic is still much lower than in other countries. With this acquisition, and with our April 30, 2010 acquisition of [speciality resins manufacturer] ICO, which included two facilities in
Gustavo Perez, A Schulman's general manager and chief operating officer of the
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