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TOKYO, JAPAN: Polyplastics Co Ltd completed the acquisition of 100 per cent ownership of liquid crystal polymer (LCP) Leuna Carboxylation Plant GmbH (LCPG), a German supplier of p-hydroxybenzoate, from Infatrade Ltd, London. The LCP is one of the super engineering plastics and has excellent properties such as heat resistance, dimensional stability, flowability and mouldability.
Polyplastics believes that the acquisition will help strengthen the technical advantage of its LCP business through the research and development process to the production process, ie, from raw material monomers to finished resin products, and will enable a stable supply of higher-quality products to customers. LCPG will maintain the responsibility for supply of p-HBA and related products with required investments in quality improvement and expansion of productivity.
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