Under the terms of the agreement, which became effective on Oct 1st 2013, Petropol Polimeros will produce Akulon polyamide 6 compounds, which DSM will market and sell to its customers throughout South America. Financial details were not released.
Richard Pieters, DSM’s President for Engineering Plastics Americas, says: “High growth economies like South America are an important growth driver in our DSM strategy. While we have been serving our customers in this region for many years, we are very pleased to now extend our local presence via the partnership with Petropol. This way we are even better positioned to create value for our customers in South America.”
Andrea Serturini DSM’s VP Engineering Plastics LATAM adds: “With the local production by Petropol Polimeros in Brazil, DSM further extends its global manufacturing capability and can deliver its well-known portfolio of Akulon compounds to both its global and local customers in the fast growing automotive, electronics & electrical and consumer goods markets in South America with high speed, high quality and cost effectiveness.”
Rogerio Tadiotto Petropol President and CEO said: “As a company with more than 20 years of experience in compounding, Petropol is well equipped to meet the high standards imposed by DSM’s quality processes and control, using state-of-the-art compounding technology. The world-class facilities at our compounding plant in Mauá-SP-Brazil include twin screw extruders and a fully equipped laboratory for quality control and we are certified ISO 9001:2008.”
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