The HallStar Co. said Monday that it acquired the TP-series
product line of specialty plasticizers from Dow Chemical.
The deal incorporates both the trade names and proprietary
manufacturing technology of the globally
established TP-series brand of plasticizers, which includes
TP-90B, TP-759 and TP-95.
The purchase provides HallStar with a broader range of ester
technology principally used in
"The TP trade name is known worldwide as an integral part of
polymer formulations and will significantly expand the types of
plasticizer-based solutions we can provide to our customers,"
said Louis Pace, executive vice president of HallStar.
"Acquiring the TP-series product line broadens our global
footprint and strengthens our portfolio of recognized
Financial details were not disclosed.
There will be no changes in the production location of the
newly-acquired product line, according to HallStar, thus
facilitating an easy transition and eliminating any re-approval
issues for customers.