- Stepan Europe acquired Alfa Systems' plant in Brzeg Dolny, Poland.
- The plant has a capacity of 25,000 metric tons of polyester polyol and 15,000 metric tons of polyurethane systems.
- The plant started operations in mid-2009.
- Financial terms of the transaction were not disclosed.
Acquisition Details
Stepan Europe S.A.S., a subsidiary of Stepan Company, has acquired all shares of Alfa Systems Sp. z o.o. from Chemitex Holding Limited and Chemovil Holdings Limited. The acquisition includes Alfa Systems' plant in Brzeg Dolny, Poland.
Plant Capacity
The Brzeg Dolny plant has a production capacity of 25,000 metric tons of polyester polyol and 15,000 metric tons of polyurethane systems. The plant began operations in mid-2009.
Technological Advancements
The plant specializes in manufacturing aromatic polyester polyols using recycled polyethylene terephthalate (PET) as a raw material. This technology is new to Stepan and will be integrated into their global polyester polyol manufacturing network.
Strategic Importance
This acquisition enhances Stepan's manufacturing capabilities in Eastern Europe, allowing the company to serve customers in Central and Eastern Europe more effectively and economically.
Financial Terms
The financial terms of the transaction have not been disclosed.
