Ingevity partners with Ultrapolymers Group for European sales of Capa® caprolactone Bioplastics
09 Julio 2024 - 8:00AM
Business Wire
Ingevity Corporation (NYSE:NGVT) today announced the expansion
of its Capa® caprolactone distribution network by establishing
Ultrapolymers Group as its distributor for Capa Bioplastics in
Europe. Ultrapolymers Group will leverage the company’s experienced
sales and technical teams across Europe to maximize the sales of
Ingevity’s Capa Bioplastics products.
“Adding a new distribution partner within Europe who is
dedicated to our line of Capa biodegradable thermoplastics enables
us to better serve our customers in the region,” said Ingevity
senior vice president and president, Advanced Polymer Technologies,
Steve Hulme. “Ultrapolymers’ network of compounders and converters,
as well as their technical expertise and customer service, aligns
with Ingevity’s strategic plan for growth in Europe.”
“We are excited to add Ingevity to our portfolio of suppliers
for the thermoplastics market,” said David Viehoff, management team
at Ultrapolymers Group. “Ingevity’s portfolio of Capa caprolactone
bioplastics aligns with our goal of offering the most advanced,
innovative and sustainable materials to our customers.”
Ingevity: Purify, Protect, Enhance
Ingevity provides products and technologies that purify, protect
and enhance the world around us. Through a team of talented and
experienced people, we develop, manufacture and bring to market
solutions that help customers solve complex problems and make the
world more sustainable. We operate in three reporting segments:
Performance Materials, which includes activated carbon; Advanced
Polymer Technologies, which includes caprolactone polymers; and
Performance Chemicals, which includes specialty chemicals and road
technologies. Our products are used in a variety of demanding
applications, including adhesives, agrochemicals, asphalt paving,
certified biodegradable bioplastics, coatings, elastomers,
lubricants, pavement markings, oil exploration and production and
automotive components. Headquartered in North Charleston, South
Carolina, Ingevity operates from 31 countries around the world and
employs approximately 1,700 people. The company’s common stock is
traded on the New York Stock Exchange (NYSE:NGVT). For more
information, visit ingevity.com.
Ultrapolymers Group
Ultrapolymers Group is one of the leading pan-European
distributors with over 20 years of experience in the industry. The
company’s product portfolio is designed to meet customers’ needs
across a wide range of industries, including automotive, aerospace,
electrical, electronics, healthcare, packaging and consumer goods,
with technical expertise and value-added services. As the company
looks toward the future, it remains committed to sustainable and
responsible business practices delivering solutions that empower
businesses to thrive. Find out more information at
www.ultrapolymers.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240709368624/en/
Caroline Monahan 843-740-2068 caroline.monahan@ingevity.com
Investors: John E. Nypaver, Jr. 843-740-2002
investors@ingevity.com
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