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Polymers
Plaskolite buys a Covestro business
by Marc S. Reisch
April 2, 2018
| A version of this story appeared in
Volume 96, Issue 14
Columbus, Ohio-based plastic sheet maker Plaskolite has acquired the Sheffield, Mass., polycarbonate sheet operations of Covestro for a price in the high-double-digit millions. The business had 2017 sales of $170 million. Covestro says the sheet business is no longer a strategic fit and that it will sell its sheet operations in Europe and Asia as well. Plaskolite, which makes a variety of thermoplastic sheets used in windows and doors, bought the cast acrylic sheet business of Lucite International in February.
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