Ingevity Partners with Ultrapolymers for European Sales of Capa® Bioplastics
- 10-Jul-2024 12:23 PM
- Journalist: Nicholas Seifield
Ingevity Corporation bolsters its competitive edge in the caprolactone market by strategically expanding its Capa® caprolactone distribution network. This move enhances their ability to reach new customers and deliver their products more efficiently, solidifying their position as a key player in the industry. The company has appointed Ultrapolymers Group as the distributor for Capa Bioplastics across Europe. This move aims to capitalize on Ultrapolymers Group's extensive market reach and distribution expertise to enhance the availability and adoption of Ingevity's Capa Bioplastics products in the European market.
Ultrapolymers Group will utilize its experienced sales and technical teams throughout Europe to drive the sales and support of Ingevity’s Capa Bioplastics products. By leveraging their deep industry knowledge and robust distribution infrastructure, Ultrapolymers Group is well-positioned to maximize market penetration and customer engagement for Capa Bioplastics. This partnership is expected to significantly boost Ingevity's market share and strengthen its competitive advantage in the bioplastics sector.
Ingevity's Senior Vice President and President of Advanced Polymer Technologies, Steve Hulme, announced the addition of a new European distribution partner for their Capa biodegradable thermoplastics. This strategic partnership with Ultrapolymers aims to enhance service to European customers by leveraging Ultrapolymers' extensive network of compounders and converters. Hulme emphasized that Ultrapolymers' technical expertise and commitment to customer service align perfectly with Ingevity's growth strategy in Europe. This collaboration is expected to significantly improve the availability and distribution of Capa products, supporting the growing demand for sustainable and biodegradable materials in the European market and reinforcing Ingevity's commitment to innovation and environmental responsibility.
David Viehoff from Ultrapolymers Group expressed enthusiasm for adding Ingevity to their thermoplastics supplier portfolio. He emphasized that Ingevity’s Capa caprolactone bioplastics align with Ultrapolymers' mission to offer advanced, innovative, and sustainable materials. Viehoff noted that this addition would enhance their product offerings, allowing them to better meet the growing demand for sustainable solutions in the market. The partnership with Ingevity is seen as a strategic move to strengthen Ultrapolymers' commitment to sustainability and innovation in the thermoplastics industry.
Ingevity, a global leader in sustainable solutions, leverages its team's expertise to develop and manufacture innovative purification, protection, and enhancement technologies. Their portfolio addresses complex customer challenges across diverse industries, promoting a more sustainable future. Ingevity operates in three key segments: Performance Materials (activated carbon), Advanced Polymer Technologies (caprolactone polymers), and Performance Chemicals (specialty chemicals and road technologies). Their products find application in demanding sectors like adhesives, agriculture, asphalt paving, bioplastics, coatings, and automotive components. Headquartered in North Charleston, South Carolina, Ingevity empowers its clients to achieve success while minimizing environmental impact.