Ascend Performance Materials to acquire compounding facility in Mexico

Ascend Performance Materials announced plans to purchase a compounding facility in San Jose Iturbide, Mexico, from DM Color Mexicana (a joint venture of Dainichiseika and Mitsubishi Corp). The deal is expected to close in Q2 2022.

“This acquisition establishes our footprint in Latin America and allows us to produce our world-class materials closer to our global customers.”newswire.ca

• 2 sources
• newswire.caAscend to expand compound production to Latin AmericaAscend Performance MaterialsDec 8, 2021
• plasticstoday.comAscend to Expand Compound Production to Latin AmericaDec 10, 2021

Summarized from public sources; check the original articles before acting on it.