# Ascend Performance Materials to acquire Formulated Polymers Ltd. in Chennai

Ascend Performance Materials has agreed to acquire the compounding division of Formulated Polymers Limited, a polyamide compounder in Chennai, India. The deal includes a manufacturing facility and warehouses, establishing Ascend's first manufacturing base in India.

- Type: Acquisition
- Announced: 2022-03-29
- Where: Chennai, India, India
- Status: announced
- Products: flame-retardant polyamides, engineered materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Ascend Performance Materials](https://endata.com/companies/26329.md) (acquirer)
- [Formulated Polymers Ltd](https://endata.com/companies/33673.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/ascend-agrees-to-acquire-formulated-polymers-ltd-301513149.html), 2022-03-29: "Demand for our materials in India is strong and growing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.