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TSRC Corporation Completes Acquisition of Dexco Polymers in USA

Published on 2011-04-08. Author : SpecialChem

TSRC Corporation announced that it has successfully completed the acquisition of Dexco Polymers LP ("Dexco"). Dexco is a global leader in Styrene-Isoprene-Styrene ("SIS") block copolymers and Styrene-Butadiene-Styrene ("SBS") block copolymers, collectively known as Styrene Block Copolymers ("SBCs").

The President and CEO of TSRC, Mr Wei Hua Tu said, "We are very pleased to welcome Dexco to the TSRC family. Over the last few months, we had numerous discussions with Dexco to prepare for the integration and Dexco management demonstrated best-in-class professionalism and execution capabilities. TSRC will continuously support Dexco in its long-term growth and the complementary combination and the complementary combination of TSRC and Dexco will allow us to expand more aggressively globally".

Together, TSRC and Dexco plan to further strengthen their leading position in the global polymer manufacturing industry. The completion of the acquisition brings the two success stories together and marks the commencement of the integration between the two companies. TSRC will become a fully integrated global supplier of SBC products and the combined company will continue to innovate in differentiated and higher value-added combined products and offer a full product portfolio to customers worldwide.

About Dexco

Headquartered in Houston, Texas, Dexco was established in 1988 and operates a production facility in Plaquemine, Louisiana, which has an annual production capacity of production facility in Plaquemine, Louisiana, which has an annual production capacity of SIS and SBS of 70 million pounds (32k MT) and 67 million pounds (30k MT), SIS and SBS of 70 million pounds (32k MT) and 67 million pounds (30k MT), respectively. Post transaction, Dexco will continue its operation in both Texas and respectively. Post transaction, Dexco will continue its operation in both Texas and Plaquemine. Plaquemine

About TSRC

TSRC produces styrene-butadiene rubber and polybutadiene rubber. Its SBR is used in passenger tires, shoe soles, conveyor belts, tank and tractor tracks and other products. The firm also makes Taipol TPE for adhesives, industrial compounds and shoes.

Source: TSRC


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