St Louis, Missouri -- Accella Performance Materials is acquiring IPS Polymer Systems to expand the firm’s polyurethane operation.
Accella’s strategic plan is to build the leading polyurethane systems house in North America with an even stronger presence on the West Coast, it said. The addition of IPS, based in Rancho Cucamonga, California will help accomplish those goals.
“IPS is an excellent fit with Accella’s current polyurethanes business and will bring expanded technology and capabilities to both companies,” Accella ceo Andy Harris said in a statement.
Merger of IPS with Accella, which was formally called Dash Multi-Corp, brings together a polyurethane technology portfolio, regional manufacturing and technical application expertise, Accella said.