Chem-Trend, a global leader in specialty release agent solutions across multiple industries and applications, has acquired the Zyvax business allowing the company to offer customers and distributors an expanded portfolio of product technologies for use in FRP (Fiber-Reinforced Plastic) and the growing advanced composites markets.
“Today’s move will result in synergies derived from the innovation capabilities in release agent technology and composites industry expertise of both companies, which will help us further enhance the product and service offering to our customers,” said Chem-Trend President and CEO Devanir Moraes. “With the acquisition of the Zyvax business, Chem-Trend will provide end users and distributors with release systems and complementary molding process aids that create even greater value, efficiency and productivity in the development and manufacturing of FRP and advanced composite components.”
Analysts expect the use of advanced composite materials to increase at a double-digit rate as companies seek to gain efficiencies through reducing overall product weight. Significantly lighter than metal, composite components can help shed pounds while maintaining, or even strengthening, a part’s structural integrity.
It has always been Zyvax founder Nancy Layman’s vision to drive innovation globally with the most efficient products for use in advanced composites manufacturing. Layman is confident that having Zyvax become part of Chem-Trend will benefit the entire market going forward and will continue her vision of strengthening and expanding the Zyvax brand throughout the world. She will actively support this transition process, working with Chem-Trend and Zyvax customers for a successful integration of the Zyvax product line as an integral part of the Chem-Trend portfolio.
“Much like Chem-Trend, Zyvax has advanced the industry with performance-oriented products, scientific know-how and forward thinking,” said Layman. “Our reputation mirrors that of Chem-Trend for high-quality release systems, leading-edge technology and manufacturing efficiency. Customers will enjoy the benefits of this seamless integration as Chem-Trend extends its portfolio in the aerospace and other advanced composites markets with Zyvax’s premium products and industry expertise.”
“Composite molding represents a large and fast-growing market for high-efficiency release systems, especially for environmentally sustainable, water-based product solutions,” Moraes said. “By integrating and synergizing the breadth of the two companies’ release agent technologies and product lines, Chem-Trend will be in a stronger position to help customers protect their tooling investment, maximize molding productivity and improve part quality.”
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