DKSH acquires APN Plastics to boost Asia-Pacific specialty polymers

DKSH Performance Materials has acquired APN Plastics, a specialty polymer distributor with operations in Malaysia and Australia.

By this strategic acquisition, DKSH demonstrates its dedication to expanding its presence in the Asia-Pacific area and strengthening its capacity for value-added distribution in the specialty chemicals industry.

“APN Plastics has spent two decades building strong, strategic relationships across the specialty polymer distribution industry. Joining DKSH marks a significant step forward in accelerating our growth and global presence,” said Ian Hoult, founder and managing director of APN Plastics.

“We are pleased to have APN Plastics on board, to add new capabilities, and to further scale our presence in Australia and Malaysia. We warmly welcome the team and look forward to growing the business together in Asia Pacific and beyond,” Thomas Sul and Natale Capri, co-heads business unit performance materials at DKSH, said in a press release.

APN Plastics, which was founded in Melbourne in 2005 and moved to Malaysia in 2015, has established a solid reputation over the previous 20 years by catering to a wide range of clients in sectors including consumer appliances, infrastructure, medical, irrigation, specialty packaging, and transportation. With more than 270 customers in Australia, China, Malaysia, Singapore, and Taiwan, APN Plastics offers extensive technical know-how, especially in biomedical and engineering plastics, and makes more than CHF 25 million in net sales annually.

ALCHEMPro News Desk (VK)