Alta Performance Materials Sets Stage for Innovation and Growth

Exciting Developments at Alta Performance Materials

In a significant shift, the esteemed composites industry player has undergone a change in ownership and name. KPS Capital Partners has successfully completed the acquisition of INEOS Composites, marking a pivotal moment for the company now known as Alta Performance Materials. This change breathes new life into a well-established organization driven by innovation in composite resins.

New Leadership for a New Era

At the helm of this rebranded entity is Andrew Miller, who previously served as CEO of INEOS Composites. With his leadership and the continued support from the existing management team, Alta aims to enhance its focus on composite materials. Miller has expressed great enthusiasm for this new chapter, emphasizing the commitment to pushing boundaries within the industry.

Sharing the Vision

“Our goal is to drive innovation and excellence in composite manufacturing. This transition empowers us to work closely with customers to develop future materials that meet their evolving needs,” shared Andrew Miller. This sentiment reflects a broader vision to leverage independence as a vehicle for growth and development within the composites sector.

Innovation at the Core

Returning to a standalone status allows Alta Performance Materials to concentrate entirely on its specialty: high-performance composite resins, including unsaturated polyester and vinyl ester resins. With a solid foundation rooted in decades of experience and research, the company is ready to invest more heavily in innovation, ensuring it remains at the forefront of the composite materials market.

Commitment to Excellence

“We are dedicated to quality and reliability, and with our renewed focus, we believe we can deliver unparalleled value to our clients,” stated Andrew Miller. This commitment is not just talk; it's backed by a robust infrastructure consisting of 17 manufacturing facilities and three technology centers worldwide.

A Legacy of Quality

Alta's historical ties trace back to industry pioneers like Dow and Neste, evolving to cater to a diverse range of applications across sectors such as building materials, transportation, and renewable energy. With a portfolio of products designed to improve key characteristics like corrosion resistance and thermal insulation, Alta plays a pivotal role in supporting various industries.

The Future is Bright

With KPS Capital Partners as its new owner, Alta is poised to leverage their extensive experience in transforming manufacturing enterprises into leading competitors. Raquel Vargas Palmer, Managing Partner of KPS, expressed confidence in Alta's potential, stating their partnership would foster an entrepreneurial culture focused on both innovation and client satisfaction.

About Alta Performance Materials

As a key player in the composite resins market, Alta Performance Materials specializes in producing high-quality resins and gelcoats. Their innovative products cater to many applications, ensuring customers achieve the optimal performance needed in their outputs. The company's mission revolves around maintaining their legacy of excellence while adapting to the fast-evolving needs of global markets.

Frequently Asked Questions

What is the new name for INEOS Composites?

The company is now known as Alta Performance Materials.

Who is the CEO of Alta Performance Materials?

Andrew Miller, who previously led INEOS Composites, is the CEO of Alta.

What areas does Alta Performance Materials focus on?

Alta specializes in unsaturated polyester resins, vinyl ester resins, and gelcoats.

What is the significance of the acquisition by KPS Capital Partners?

The acquisition allows Alta to operate as an independent entity fully focused on innovation in the composites market.

What legacy does Alta Performance Materials have in the industry?

Alta has roots in renowned companies and a longstanding commitment to manufacturing excellence and innovation.

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