Announced
Synopsis
Niche Polymer, a US-based custom compounder and toll processor of thermoplastic engineering resins, agreed to acquire the business assets of Specialty Powders, a well-known powder processing solutions provider, from LyondellBasell, a Dutch-domiciled multinational chemical company. Financial terms were not disclosed. “This acquisition from LyondellBasell (LYB)aligns perfectly with our mission to provide advanced polymer processing solutions with a strong focus on sustainability. By adding Specialty Powders’ assets to our portfolio, we’re expanding service capabilities and establishing a stronger presence in polymer innovation and energy applications. Together, we can serve our global partners with more agility, expertise, and care,” Dr. Naik, Niche Polymer CEO.
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