PolyOne Corporation is a premier global provider of specialized polymer materials, services, and solutions. The company has purchased Spain based IQAP Masterbatch Group S.L., a privately owned and innovative provider of specialty colorants and additives based in Spain with customers throughout Europe.
IQAP, Founded in 1979 by Xavier Rovira, has built a technical and broad solutions portfolio to serve high-growth end markets consistent with PolyOne’s focus, including transportation, packaging, consumer, wire & cable, and textiles. IQAP has two production facilities and a technology lab located in Spain. The company also has additional manufacturing capability in the Czech Republic,
Robert M. Patterson, chairman, president and CEO, PolyOne Corporation, said, “IQAP is a fantastic addition to our longstanding and growing expertise in color and additives innovation. The end markets that IQAP serves are perfectly aligned with areas PolyOne knows very well, and together we will advance the possibilities for our European customers working to meet demanding new standards for design, functionality, and performance.”
Mr. Rovira commented, “I’m thrilled for IQAP customers and employees whose future can continue to grow and prosper as part of the global PolyOne family. We evaluated many potential buyers for IQAP, and PolyOne was the clear choice that best aligns with our vision and ideals for world-class innovation and customer service.”
A premier provider of specialized polymer materials, services, and solutions is dedicated to serving customers in diverse industries around the globe. The company creates value through collaboration, innovation and an unwavering commitment to excellence. Guided by its Core Values, Sustainability Promise, and No Surprises Pledge, PolyOne is committed to its customers, employees, communities, and shareholders through ethical, sustainable and fiscally responsible principles.