April 8 2025, David R Brown
Stavian expands global footprint with the acquisition of Core Polymer in Turkey
Stavian Chemical has successfully acquired Core Polimer Dis Ticaret A.S., a prominent distributor of both engineering and standard polymers based in Türkiye. This acquisition marks a significant step in Stavian Chemical's strategy to expand its global presence and enhance its position in the plastics industry.
This acquisition aligns with our vision to become a global leader in the polymer industry
Tony Dinh Duc Thang
Chairman and CEO of Stavian Chemical
Mr. Tony Dinh Duc Thang, Chairman and CEO of Stavian Chemical, stated: “We are thrilled to welcome Core Polymer into the Stavian family. This acquisition aligns with our vision to become a global leader in the polymer industry. Core Polymer's expertise and strong market presence in Türkiye will complement our existing operations and enable us to better serve our customers worldwide.”
Ms. Mehtap Sak and Ms. Aygül Ara, co-founders of Core Polymer, added: “Joining forces with Stavian Chemical is an exciting opportunity for Core Polymer. Stavian Chemical's extensive network and resources will allow us to expand our reach and offer innovative solutions to our clients. We look forward to a successful collaboration that will drive growth and innovation in the plastics industry.”
The merger of Stavian Chemical's robust distribution network with Core Polymer's established market presence in Türkiye will strengthen its ability to serve the growing demand for polymers, not just in Türkiye, but also in the EU and Middle East markets. This move also positions Stavian Chemical to offer a broader product portfolio, including environmentally friendly options such as recycled and bio-resins.
About Stavian Chemical
Stavian Chemical is a leading global polymer and chemical distributor as well as a leading manufacturer of biodegradable plastic packaging. The company has 30 offices, 40 warehouses and 5 packaging facilties worldwide serving nearly 15,000 customers in over 100 countries. In 2023, Stavian Chemicals had 2000+ employees and reported sales revenues in excess of USD 2.0Bn.
Source(s): Stavian Chemical Press release
Further Information
Visit: https://stavianchem.com