MOSCOW (MRC) -- Nexeo Plastics, a leading global thermoplastics resin distributor, announces an agreement with AFC ECOPLASTICS to distribute bio-compounds for the blow and film molding market throughout Canada, Mexico and the United States, said the company.
"Our company is committed to providing customers with a large variety of high performing resins and compounds, including sustainable alternatives for single use applications,” said Arturo Hoyo, Nexeo Plastics’ Vice President of Product Line Management. “AFC Ecoplastics’ compounds fill a growing need for sustainable products that are durable and flexible and can be processed on existing machinery."
AFC’s bio-compounds include grades that meet ASTM D6400 for industrial composting and grades that are 30% biobased and 80% biobased, which are often ideal options for applications such as cutlery, straws, caps and closures.
"Nexeo Plastics is known as a leader in new technologies for plastics processors, and we are pleased to be part of a relationship to bring new, innovative compostable and biodegradable compounds to the marketplace,” said Nirav Patel, Chief Executive Officer, AFC Ecoplastics.
As per MRC, Nexeo Plastics acquired Italian thermoplastics distributor and compounder Nevicolor. In a deal that expands its European footprint, resin distributor Nexeo Plastics LLC has acquired Nevicolor SpA, a resin supplier and compounder based in Luzzara, Italy, for an undisclosed amount.
MRC earlier said, Nexeo Univar Inc., announced that it has completed the acquisition of Nexeo Solutions, creating a leading global chemical and ingredients solutions provider. The combined company will conduct business as Univar Solutions, reflecting a commitment to combining the 'best of the best' from each legacy organization.
Nexeo Plastics is a leading global thermoplastic resins distributor, representing quality products from world-class suppliers, and serving a diverse customer base across North America, Latin America, Europe, Middle East, Africa and Asia. From material selection assistance to identifying supply chain and inventory solutions, we go beyond traditional logistics to provide value-added services across many industries, including automotive, healthcare, packaging, wire and cable,