PolyOne Corporation, global provider of specialised polymer materials, services and solutions, has acquired Mesa, a North American producer of colour and additive materials and services. Founded in 1990 and privately-owned, Mesa produces both solid and liquid colourant technologies and operates two facilities in Phoenix, Arizona and Fort Smith, Arkansas.

Mesa serves a diverse range of end markets including packaging, consumer products and outdoor equipment.

"Our colour and additives offerings continue to expand, and we're very excited that Mesa is the latest addition to our leading portfolio of solutions," said Robert M Patterson, chairman, president and CEO, PolyOne Corporation.

"Mesa is our fourth specialty colour acquisition in the last eight months. We continue to focus on these successful bolt-on opportunities where we can invest to grow, leverage our service and innovation expertise, and collaborate across all our PolyOne businesses," Patterson said.

"Our recent portfolio actions are representative of the momentum we have and will continue to build upon as we accelerate specialty growth," Patterson added. Along with the recent acquisition of Rutland and the announced divestiture of Designed Structures and Solutions, the company plans to discuss Mesa in more detail on its second quarter investor call. (SV)

Fibre2Fashion News Desk – India

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