The arrangement will offer UK customers access to advanced methyl methacrylate (MMA) adhesive technologies.

The team will support growing demand in the key digital and ink jet segments.

Nordson ASYMTEK won for its IntelliJet jetting system, which is used for electronics manufacturing processes.

The transaction is expected to close in November.

Production on the new line is expected to have a full capacity of 200,000 metric tons per year.

The project represents an investment of approximately $15 million and is targeted for completion in 2018.

The Austin Chemical team initially will focus its efforts on applications for APMT’s ACOMP product.

The trend toward miniaturization of electronic components and industry automation are key growth driving factors.

Net sales of $1.25 billion increased 0.8% over the $1.24 billion reported in the same period of last year.

Aceto will reportedly distribute renewable chemicals such as BIOLON.