Topas Advanced Polymers GmbH

Polyplastics announced plans to build a 20,000 t/y cyclic olefin copolymer (COC) production plant in Leuna, Germany, operated by subsidiary Topas Advanced Polymers. Startup is scheduled by mid-2023.

Polyplastics USA incorporated Topas Advanced Polymers USA by merger, adding cyclic olefin copolymers to its portfolio. The operations will be consolidated at Polyplastics USA's headquarters in Farmington Hills, Michigan.

Polyplastics Co. has decided to increase its equity stake in Topas Advanced Polymers GmbH (TAP) from 45% to 51%, making TAP a subsidiary. The transaction is subject to competition authority clearance and is expected to become effective on April 1, 2017.