08/09/2010

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SO.F.TER. announces leasing of P Group

The agreement will broaden the SO.F.TER. portfolio in the field of reinforced plastics, in which P Group is specialised with the Tecnoprene products. Besides, the integration of copolyester, under the Pibiflex brand name, will complement SO.F.TER. thermoplastic elastomers range and allow an approach to new market segments, said the company in the statement issued on 6 August.
SO.F.TER. has already completed other two acquisitions in 2010, the first one regarding Heraflex P products for winter sports footwear (from Radici in january 2010) and the second one regarding Terra XPS products, a TPE pellet for the infill of artificial sport pitches (from DSM Sarlink, in february 2010)
P Group is based in Ferrara, where the plants for the compounding of PP, PBT and PA are located. The company also has a sales office in Germany and a distribution network covering several world countries.
P-Group has been involved in the development of the Dolphin technology together with machinery supplier Engel, mold maker Georg Kaufmann, and BASF.

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