Source: Textile World

FPL: Ascend Agrees To Acquire Formulated Polymers Ltd.

HOUSTON - March 29, 2022 - Ascend Performance Materials has reached an agreement to acquire the compounding division of Formulated Polymers Limited, a leading engineered materials manufacturer in Chennai, India. This acquisition will establish Ascend's first manufacturing base in the subcontinent and strengthen Ascend's global reach in the electrical and e-mobility application space. The deal [...]

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Followers on Owler

Est. Annual Revenue

$5.0-25M

Est. Employees

100-250

Managing Director

V Sekar

CEO Approval Rating

90/100

FPL is an India-based company that designs and manufactures thermoplastic compounds and engineering plastics for industries such as automotive, electrical and electronics.