Dyneon LLC, a 3M company based in Oakdale, MN, has acquired Hitech Polymers Inc., a manufacturer of specialty thermoplastic polymers and provider of toll thermoplastic compounding services based in Hebron, KY.
Thermoplastics are used in the creation of a vast range of plastic components — from plastic bottles and molded parts to pumps and valves — for markets such as consumer, packaging, electronics, construction, and transportation.
Hitech Polymers brings to Dyneon capabilities in polymer blending, alloying, formulation, ingredient compatibility, and reactive polymer processing that are critical to the process for creating compounds that can be molded into a wide variety of plastic components.
Hitech Polymers employs approximately 15 people.
Dyneon is a fluoropolymer supplier with operations or representation in more than 50 countries. Dyneon and its affiliates employ more than 800 people.