Ravago Group Acquires TPE producer Polyprime Inc.

Effective 1st of July , 2012 the Ravago Group has acquired the TPE Compounding business of Polyprime Inc. operating primarily from its manufacturing location in Arlington, Texas – USA. Financial details will not be disclosed. Through the acquisition the Ravago Group will strengthen the position of ENPLAST Plastik Kimya San. Tic. A.Ş. in the global elastomers market and open the possibility to serve customers with thermoplastic elastomers on a global basis. The Headquarter, Research and Development of ENPLAST will remain in Istanbul, but ENPLAST Americas Inc. will develop and produce special products for the North American market. ENPLAST Plastik Kimya San. Tic. A.Ş. will further invest in their new acquisition and will launch novel TPV materials with propriety cross link technology in Europe and Asia. Furthermore, new styrenic based thermoplastic elastomers with very low compression set will be introduced on Fakuma 2012 and can be seen at our booth 5002 in Hall B5.

Experience, resources, and global support

ENPLAST is the leading supplier of thermoplastic polyolefin (TPE) materials and technology to the European Industry and we serve the European and North American (automotive) industry with the complete range of EZPrene®, ENSOFT and ENFLEX TPE materials. ENPLAST is a 100% subsidiary of the Ravago group. Its manufacturing, distribution, and technology facilities are located in Istanbul, Turkey..

The production and engineering operations of ENPLAST are certified to the standards of ISO/TS 16949:2002 for quality systems. More information about its products and capabilities can be found on our homepage: www.enplast.com.tr

ENPLAST and ENPLAST Americas, Inc. are members of the Ravago Group, an international compounding and distribution group for plastics with headquarters in Arendonk, Belgium. Today, the Ravago group represents over 3.400.000 metric tons of annual polymer sales serving 40.000 active customers through 200 offices across more than 50 countries worldwide. Ravago’s production competence consists of 23 manufacturing facilities of which 18 recycling and compounding plants in North America, Europe and Turkey with a combined annual capacity of over 500.000 metric tons and 5 production plants in Belgium, Greece, Turkey and Russia that are offering finished product solutions for the building and construction sector. This all would not have been possible without the help of its 4.500 employees. For further information please consult: www.ravago.com

Further Information: info@enplast.com.tr