Nuplex Industries, a global manufacturer of resins, and Belgium-based Allnex, have now formed one company. The group, active on four continents, serves customers in over 100 countries.
The company will operate under the name of Allnex and is using a new logo that is a symbolic representation of the combined strengths of the two companies.
Miguel Mantas, the new CEO of Allnex, commented, “I am delighted that this business combination has taken place. With our comprehensive, state-of-the-art technology portfolio, our ability to provide clients with the right chemistry for their products is even more extensive than before. I am also looking forward to moving our corporate headquarters to Frankfurt.
“The decision to choose Frankfurt for the future company’s headquarters was taken with the intention of establishing a new location, symbolizing a fresh start for the company. Frankfurt offers excellent flight, rail and car connections. The city is located in the heart of Europe and Germany, the largest European economy and a key market for the company and for the coatings industry in general.”