Fortress Investment Group has acquired Infra Pipe Solutions Ltd. (IPS), a manufacturer of high density polyethylene pipes and structures sold under the brand Sclairpipe, Weholite, Endopure and Enduct.
The move combines two companies with deep plastics portfolios, including bags, film, thermforms, plastic containers, cutlery, dinnerware and drinkware.
In this week's Material Insights, senior reporter Frank Esposito explains recent price decreases in polypropylene and engineering resins. Polypropylene has seen its third consecutive monthly drop ...