Ascend Performance Materials, the largest fully integrated producer of polyamide 66 resin, signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA66, PA6, PBT and POM. This strategic acquisition will increase Ascend’s footprint in Europe and will provide Ascends customers with a broader portfolio of high-performance, sustainable materials to meet increasing demands.

About Ascend
Headquartered in Houston, Texas, Ascend Performance Materials is the world's largest integrated producer of Nylon 66 resin, and a global supplier of high-quality plastics, fibers and chemicals. The company has nine global locations, including five fully integrated manufacturing facilities in the southeastern United States and an engineering plastics compounding facility in Europe and employs over 2,500 people around the world.
Source: Ascend Press Release