Protech/Oxyplast Group acquires business of Chemionics Corporation
The Protech/Oxyplast Group of Montreal, Canada, has acquired the business and manufacturing assets of Chemionics Corporation of Tallmadge Ohio.
Chemionics develops and manufactures specialty plastisol and latex formulations.
Good addition to global business
David Ades, President of Protech said: “Chemionics technology is a good addition to our global business. It fits nicely as it is complementary to our thermoplastics coatings product lines.” Protech will maintain Chemionics’ manufacturing operations in Ohio.
About The Protech/Oxyplast Group
The Protech/Oxyplast Group is a global leader in the development and manufacture of powder coatings and other industrial protection materials. Now in its fourty-first year of operation, Protech Oxyplast products are produced in more than twenty facilities worldwide.