Perstorp acquires Rogers' Moldable Composites. (Your Business: In Brief).Vyncolit North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. Inc. in Bloomfield Hills, Mich., a subsidiary of Perstorp Group of Sweden, has agreed to acquire the assets of the Moldable Composites Div. of Rogers Corp. in Rogers Conn. This division produces thermoset A polymer-based liquid or powder that becomes solid when heated, placed under pressure, treated with a chemical or via radiation. The curing process creates a chemical bond that, unlike a thermoplastic, prevents the material from being remelted. See thermoplastic. molding compounds for electrical and automotive uses. They include phenolic phe·no·lic adj. Of, relating to, containing, or derived from phenol. n. Any of various synthetic thermosetting resins, obtained by the reaction of phenols with simple aldehydes and used as adhesives. , epoxy, silicone, DAP, and proprietary formulations. Rogers intends to focus on printed-circuit materials and high-performance foams. The acquisition will increase Perstorp's presence in the U.S. market and add a domestic production unit. The Moldable Composites Div. will become part of the Engineering Phenolics unit of Perstorp's Engineering Materials Business, which supplies glass-reinforced phenolic molding compounds to the European automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. through Vyncolit N.V. in Belgium. The acquired Rogers business will be managed together with Vyncolit from Vyncolit's U.S. office. Tel: (248) 452-5655, www.vyncolit.com |
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