Acquisition

AOC finalizes UPR acquisition in Czech Republic

| Business function | AOC | Collierville, TN | United States

AOC announces it has completed the acquisition of the Unsaturated Polyester Resin (UPR) manufacturing operations in Ústí nad Labem (Czech Republic). This footprint extension will allow AOC to further improve service and logistics to its customers in Central/ Eastern Europe as well as in Germany, and will make new products (e.g. based on recycled PET) available for customers around Europe. 

The UPR plant at the Spolchemie site in Ústí nad Labem is located 70 km Southeast of Dresden, Germany. Besides state-of-the-art UPR production equipment, the plant has unique capabilities for manufacturing green resins based on recycled PET. 

AOC, Kaprain and Spolchemie already signed on 15 October 2020 an agreement to transfer the operations to AOC. The transfer has now been completed and will become fully effective per 10 December 2020. 

“AOC is strongly committed to growing the composites industry and to supporting the customers in this region”, comments Stefan Osterwind, AOC Managing Director EMEA. “We are very glad the Usti team will join our organization, and will support us in growing a sustainable business across the continent.”

“This acquisition enables AOC to significantly extend its manufacturing footprint, and further adds to our company’s global presence”, adds Joe Salley, CEO of AOC. “We are convinced this  enables us to further align manufacturing processes, quality systems and best practices. Ultimately this should be highly beneficial for our customers.”

www.aocresins.com     www.kaprain.cz     www.spolchemie.cz






Back