Issue Date: September 17, 2012
Lanxess Acquires Composites Company
Lanxess has acquired the German composites maker Bond-Laminates for an undisclosed sum. Bond-Laminates employs roughly 80 people and had about $20 million in sales last year to the automotive, sports, and electronics industries. Founded in 1997 with technology developed at DuPont, the firm specializes in custom-made plastic composite sheets that are reinforced with materials such as glass fibers. Bond-Laminates will become part of Lanxess’ high-performance materials business, which sells glass-reinforced nylon under the Durethan name.
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