DuPont
Acquires Czech Republic PVB Business
Wilmington, Del.-based
DuPont has acquired Retrim, a safety glass interlayer company, with plant
operations in Zlin, Czech Republic. Terms of the purchase were not disclosed.
DuPont said Czech Republic government regulatory approval was received
in January.
DuPont will acquire the complete Retrim business, including some 50 employees
and proprietary technology allowing the re-use of polyvinyl butyral (PVB)
trim materials produced during the manufacture of automotive and architectural
laminated glass.
"This acquisition is consistent with the company's stated goal of
increasing its presence in growing markets. And, it helps DuPont offer
improved efficiency and value-adding services to DuPont customers,"
said Craig F. Binetti, vice president and general manager - DuPont Packaging
& Industrial Polymers. "Adding a safety glass interlayer manufacturing
plant and PVB expertise in the Czech Republic bolsters DuPont presence
in central and eastern Europe so we can be a preferred supplier and innovator
in those markets."
Binetti said DuPont anticipated a smooth transition of ownership with
no supply or other interruptions for existing Retrim customers. He said
PVB products from the Czech plant will continue to be marketed using the
Czechtrim® brand.
"Acquiring Retrim also underlines the commitment of DuPont to environmentally
responsible manufacturing," Binetti said. "The acquisition will
allow DuPont to make the best use of available techniques for using recycled
PVB in making high-quality interlayers for use in safety glass."
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