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Quadrant Establishes Strategic Partnership With Leading Brazilian Plastic Parts Manufacturer Solidur
Zürich, Switzerland - June 22, 2010 - Quadrant's Engineering Plastic Products (EPP) business unit has entered into a joint venture with Sao Paulo based Solidur Plasticos Industriais. The alliance will be comprised of two separate operating units in order to service the varied needs of the overall regional market. Solidur Plasticos Industriais will continue to focus on providing custom parts to equipment and systems manufacturers made from a wide variety of machinable plastic materials. The second operating unit, Quadrant do Brazil, is a new venture and will focus on bringing Quadrant's broad range of advanced machinable materials to industrial & plastics distributors and fabricators throughout all of Brazil.
Solidur's and Quadrant's combined years of knowledge in assisting customers in specifying plastic materials stand ready to help the industrial distribution community with the materials and tools that Quadrant shares with its partners worldwide. Solidur and Quadrant do Brasil will be led by a separate local management team comprised of highly experienced personnel as related to the respective interests of each operating unit. Both units will greatly benefit from the increased access to the most complete product line and most fully resourced service and support team in the plastics industry.
"This acquisition continues to reinforce our commitment to engineering and manufacturing companies worldwide by establishing easier access to materials and market & application knowledge in such a critical world market", said Glen Steady, Quadrant EPP, CEO. Solidur's executives, Marcello Fernandes and Muniz Correa commented, "We have always worked closely with manufacturers of materials that can help our customers solve engineering and design problems. This is a natural extension of that philosophy. We are excited to be able to bring fast access to the world's most advanced materials to our market."
The agreement has become effective June 8, 2010 and Quadrant will immediately begin building inventory and establishing a service center for local distributors. Quadrant EPP has manufacturing and distribution sites in every major world market. Full support in evaluating designs and machining of parts is available from Quadrant Engineering Plastic Products' and Solidur's Technical Support Group.
About Solidur Plasticos Industriais
Solidur Plasticos Industriais is the leading Brazilian manufacturer of machined precision parts made out of engineering plastics. Solidur is a pioneer in the Brazilian engineering plastics market. The company is active since twenty years and serves end markets like food and beverage, pulp and paper, mining, general machining, automotive, packaging, aerospace and medical among others.
About Quadrant EPP
Quadrant Engineering Plastic Products (Quadrant EPP) is the world's leading manufacturer of semi-finished products. Quadrant EPP's materials range from UHMW polyethylene, nylon and acetal to ultra-high performance polymers that resist temperatures to over 425°C. The company's rods, sheets, tubes and custom shapes are used to machine parts for the food processing and packaging sectors, semiconductor manufacturing, aerospace, electronics, chemical processing, life sciences, energy and diverse industrial equipment. Quadrant EPP also manufactures finished products for these industries. Products and services are available through a worldwide network of branch offices, technical support centres and authorized dealers. Learn more about Quadrant EPP at www.quadrantplastics.com |
