Producer of composite resins and polymers, Poliya Composite Resins and Polymers proclaimed that it has completed the purchase of the Cam Elyaf Resins. With this acquisition, the company has established an active collaboration in the composite resins market.
Following the purchase, Poliya now has a wide range of products in the composite resins market. Its annual production capacity is now 65,000 tons, the largest in the Europe, Middle East and Africa region. The acquisition makes Poliya as the major bulk resin supplier in the market, including transportation, wind energy, pipeline and more.
Lead M&A Officer and board member in Poliya, Buelent Oeztuna commented that with this purchase, the company now becomes a worldwide supplier and can deliver products to customers irrespective of their segment, location and size. The company has further expanded its ability to offer high-quality, cost-effective services and products to its customers. Oeztuna further said that Cam Elyaf Resins’ proven products and Poliya’s well-recognized research and development capabilities would benefit the composites industry.