Page 38 - Plastics News February 2019

Business news

Ravago acquires DowDuPonts Carlisle rebrands former Accella

European extruded PS business PU Systems business

avago has acquired DowDuPonts European extruded arlisle Companies Inc. has formed a new business
RPS business DowDuPont completed the sale of the Cunit: Carlisle Spray Foam Insulation, or CSFI. It is
European part of its extruded polystyrene (XPS) insulation part of the Carlisle Construction Materials operating
business to Ravago, the US-based producer. The sale segment. Carlisle Roof Foam and Coatings, formerly
includes all of the XPS operations in Dilovasi, Turkey; Accella Roofing Solutions, will offer a broad range of
Drusenheim, France; Kings Lynn, UK; Lavrion, Greece; coatings and spray polyurethane foam (SPF) insulations
Norrkoeping, Sweden; Rheinmunster and Schkopau, used in commercial roofing applications.Carlisle Roof
Foam and Coatings will offer the same high-quality
roofing products developed and manufactured by
Accella for the past 18 years. SPF roofing systems are
designed to provide a long-term, sustainable roofing
solution that is seamless, watertight, and virtually
maintenance-free. Acrylic and Silicone Coatings are
used as a component of SPF systems and can also be
used as standalone products to restore existing aged
roofs. “The demand for coatings continues to grow at a
rate in excess of 10% per year due to increased interest

Germany, DowDuPont said. It also includes support in reflective roof surfaces in warmer climates, as well
functions such as marketing and sales; research and as restoration of aged roof systems,” said Mike Korol,
development (R&D); supply chain; and customer service, Carlisle Roof Foam and Coatings’ Director of Sales.
DowDuPont said. The deal includes support functions “These systems deliver a cost-effective means
including sales and marketing, research and development, to save building owners money and energy,” he
supply chain, customer service and a small number of continued.“Accella and CCM customers will benefit
other business dedicated roles across Europe. "Based on from this new arrangement: Accella’s contractors will
the European XPS business' historical investment profile, have the advantage of CCM’s industry-leading technical
our company believes the business is better suited for expertise and customer support services, and CCM
Ravago," the spokesman said in a Feb. 8 email. "This customers will gain access to a full line of SPF and
strategic adjustment was made in order to prepare for
the intended spin of three independent companies and coating products that were previously not available
to ensure these future companies are setup for success." from CCM,” said Steve Schwar, Vice President of Sales
Plastics and chemicals giants Dow and DuPont Co. merged
in early 2017. They will split into separate companies again
in April, with a third company — Corteva — spinning off
from DuPont in June. No purchase price was disclosed in
the Dow-Ravago XPS deal. Almost 300 people work for the
business that is being sold.
Ravago Group is a global distribution, compounding and for Carlisle SynTec Systems and Carlisle Roof Foam
recycling firm based in Luxembourg. Its global units include and Coatings. Accella will continue operating several
Ravago Holdings America, a major North American resin business units which focus on SPF wall systems, tire fill,
and chemicals distributor based in Orlando. Ravago Group
employs 6,000 worldwide, distributing almost 9 billion recycled rubber, and specialty products. The CCM is the
pounds of resins and compounds to 40,000 customers. The U.S. market leader in single-ply roofing systems and the
firm's compounding and recycling units have combined only company to manufacture PVC (polyvinyl chloride),
annual global capacity of more than 1 billion pounds. EPDM (rubber), and TPO (thermoplastic) membranes.

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