Paramelt acquires bio-adhesives business from BENEO-Bio Based Chemicals.

In the Netherlands, Paramelt has acquired the adhesive activities of Belgium based BENEO-Bio Based Chemicals.  Paramelt states this will strenghten their current position in packaging adhesives the acquired product ranges are largely complementary and provide Paramelt Veendam with a strong position in the European labelling market.

The acquisition includes casein, hybrid, synthetic as well as starch based adhesives. Combined with Paramelt’s Plastomelt and Excelta packaging hotmelts and its Plastoflex pressure sensitive hotmelts the company offers a complete range of products for the labelling customers.