 Home > Chemicals Industry > Rubber Plastic News > Ascend Announces First Acquisition in China to Create Asian Manufacturing and Technology R&D Center

Ascend Announces First Acquisition in China to Create Asian Manufacturing and Technology R&D Center

 Last Update: 2022-08-23
 Source: Internet
 Author: User

Tags

high distortion

industrial ear muffs

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Shanghai – June 11, 2020 – Ascend Performance Materials, a world-renowned large-scale integrated PA66 product family manufacturer, announced on June 11, 2020 that it has signed an agreement to acquire Changshu Heshibitxin All assets of Materials Co.
, Ltd.
and Tehe Engineering Plastics (Suzhou) Co.
,

Ltd.

This acquisition implements Ascend's global layout and local development strategy

Phil McDivitt, President and CEO of Ascend, said: "This acquisition is designed to enhance Ascend's localization capabilities to better meet the growing needs of our customers in Asia and future business development, demonstrating our commitment to our customers.
A long-term commitment to provide superior products and services and confidence in the Asian market

Dr.
Wu Xianliang, Senior Vice President and Managing Director of Ascend Asia Pacific, added: "This is a key step in Ascend's strategic development in Asia, as we have localized production and R&D capabilities to efficiently respond to customer needs.
And tailor-made products and solutions for the Asian market

Terms of the acquisition were not disclosed and are expected to close in August

For further details, please scan the QR code below and follow the WeChat public account "Ascend" for more information

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Coumarone-Indene-Resins 63393-89-5

CAS No.: 63393-89-5

industrial grade

$1.2/KG EXW

Butylated Hydroxytoluene (BHT) 128-37-0

CAS No.: 128-37-0

industrial grade

$1.2/KG EXW

Isobutene 115-11-7

CAS No.: 115-11-7

industrial grade

$1.2/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.