Reichhold and Polynt are closing the merger.

Reichhold, one of the world's largest manufacturers of unsaturated polyester resins and a leading supplier of coating resins for the industrial, transportation, building and construction, marine, consumer and graphic arts markets, and Polynt, one of the world's largest manufacturers and suppliers of specialties, intermediates and composites for the industrial, transportation, building and construction, marine, medical, consumer and food additive markets, are closing the merger. This combination enhances the Group's leading position as a global, vertically-integrated specialty chemicals player, with significant presence in North America, Europe, and Asia, based on Reichhold's global scale, extensive product portfolio and R&D competencies, now further reinforced by Polynt with the successful integration of PCCR and CCP in the last five years. "We intend to quickly align the cultures within the combination to support our global leadership position, better serve our customers and create value for our shareholders. With 44 plants across the world the Company will be the closest to the local needs of its customers and the just-in-time suppliers of specialty chemicals in the geographies in which they have operations. Our aim is to grow our business together with our customers and to drive the quality of our products toward the highest expectations of the industry." Rosario Valido, President and CEO of the new Group.