BBENVIC GROUP ACQUIRES CHEMRES, A SPECIALTY US COMPOUNDER FOCUSED ON HIGH-PERFORMANCE POLYMER COMPOUNDS PRIMARILY FOR THE MEDICAL SECTOR

Chevigny-Saint-Sauveur, France, 5 August 2021 – Benvic announces the acquisition of the US-based Chemres, a leading provider of polymers, custom compounds and solutions for a variety of industries including medical, packaging, wire & cable.

Headquartered in Princeton (New Jersey) and with operations in Chesapeake (Virginia), Chemres is a specialty compounder with a strong position in the US contact lens market and it also has long-term customer relationships in the medical, wire & cable, and packaging industries. The company provides a high level of dedicated customer service as well as logistical and supply chain management expertise.

The combination with Chemres will allow Benvic to enter the US market and strengthen its exposure to the medical sector, allowing Benvic to become a key global supplier in this market. Benvic will combine its track record of supplying highly innovative solutions with the expertise of Chemres in the North American marketplace and its strong customer portfolio.

BENVIC, A PORTFOLIO COMPANY OF INVESTINDUSTRIAL, STRENGTHENS ITS ACTIVITIES AND ITS INDUSTRIAL SITE IN FERRARA WITH THE PURCHASE OF CELANESE’S COMPOUNDING OPERATIONS AT THE FERRARA MARCONI PLANT

Ferrara, 1July 2021 – Benvic, a European leader in the production of highly innovative PVC based thermoplastic solutions and biopolymers, has announced the acquisition of the Ferrara Marconi compounding operations and related assets owned by Celanese (NYSE: CE), a leading global chemical and specialty materials company.

In January 2021, both parties had announced that they had reached an agreement and Benvic committed to take over some of Celanese’s employees at the facility. The acquisition process completed today, 1 July, and an agreement was reached with all stakeholders involved, including trade unions and relevant local authorities.

BENVIC TO BOOST ELECTROSTATIC (ESD) PROTECTION THROUGH 2021

January 28th, 2021 – Benvic, Europe’s leader in PVC compounds and eco-sensitive solutions, is launching a range of polymer grades through 2021 that will help eliminate unwanted static and electrical discharge from a variety of products. Named ProVinyl KCC the new conductive polymers will help dissipate electricity, protecting and regulating products as diverse as cabling, packaging, tubing and flooring as well as the environments in which they are used.

BENVIC GROUP REACHES AN AGREEMENT WITH CELANESE FOR THE PURCHASE OF THE FERRARA MARCONI PLANT COMPOUNDING ASSETS

Ferrara, January 19, 2021 – Benvic Group, a European leader in the production of highly innovative PVC-based thermoplastic solutions and biopolymers, announces that it has reached an agreement with Celanese (NYSE: CE), a leading multinational in the production of chemical solutions and specialty materials, for the purchase of the compounding operations of the Ferrara Marconi plant and of certain assets dedicated to the worldwide production of Infill and Appliance PP and to the European Footwear business.
Entirely dedicated to compounding activities – which consists of the production of polymeric compounds – the divestment of the Ferrara Marconi site is part of Celanese’s strategy to create a European Compounding Centre of Excellence at the company’s Forli Italian facility.