Lubrizol has acquired Merquinsa in a move the creates a global thermoplastic polyurethane (TPU) powerhouse, joining the Estane and Pearlthane brands and market strength in several key sectors, including medical tubing. Lubrizol spokesperson Julie Young told PlasticsToday that her company targeted Merquinsa for three primary reasons: broadening its product portfolio, increasing global reach, and boosting manufacturing capacity. The company declined to comment on its total TPU capacity after the acquisition, or its global market share as a combined entity.
Headquartered in Barcelona, Spain and established in 1964, Merquinsa is a family-owned company with its strongest market penetration in Europe and Asia. The company established an initial sales presence in North America in 1997, with the incorporation of Merquinsa North America, but "reintroduced" itself to the market in 2006, starting with a booth at that year's NPE. It opened its first China office in June of this year. Merquinsa's sales are dominated by Europe (40%) and Asia (33%), with 25% into the Americas.