AKG Polymers will take over the
activities of Synbra Polymers Ltd.
With effect from 31st July,
2004 AKG Polymers will
take over the activities of Synbra Polymers Ltd.
and at the same time Synbra Polymers Ltd. UK
will cease business. The takeover by AKG
Polymers concerns most of the activities of
Synbra Polymers Ltd.
AKG Polymers is owned by the Aufderhaar
Kunststof Groep BV in Vroomshoop, The
Netherlands, and is specialised in manufacturing
polypropylene (PP) compounds used for media
packaging, horticulture, building and
construction, infrastructural applications and
the automotive industry.
Synbra Polymers Ltd. is owned by the Synbra
Group BV, based in Etten-Leur, The Netherlands.
The Synbra Group is a vertically integrated
company, active in polymerisation of Expandable
Polystyrene (EPS) for consumption in its
downstream businesses in construction and
packaging. Synbra Polymers Ltd. recycles
polypropylene and, to a lesser extent,
polystyrene into compounds which are used for
foil manufacturing and injection moulding.
Following some earlier divestments the PP
compounding business in Congleton was a less
natural fit in the core activities of the Synbra
Group and AKG Polymers was identified as the
preferred candidate for a takeover.
After careful consideration AKG Polymers has
decided not to continue the activities in
Congleton but to incorporate the entire capacity
in their existing plant in Vroomshoop. There
will be a short transition period during which
capacity is transferred from Congleton to
Vroomshoop, whereupon the existing customers of
Synbra Polymers will continue to be supplied by
With this acquisition, AKG Polymers will
increase its capacity to 28,000 ton annually
making it one of the leading European
polypropylene reprocessors. With this increase
AKG Polymers takes a proactive stance to meet
the requirements of the polymer industry to
provide reliable alternatives for expensive raw
The polystyrene activity of Synbra Polymers will
be transferred to Synbra Technology BV in
Etten-Leur, The Netherlands.
The Synbra Group will continue to focus
principally on the reinforcement and development
of its EPS based activities.
For further information please contact:
J.Bel/ W. Wesselink, AKG Polymers BV tel +31 546
66 77 88 or
J. Noordegraaf, Synbra Technology BV tel +31 168
L. Litjens, Synbra Group BV tel +31 168 373 380
Plastics Molding & Fabricating
F: (847) 362-5028