Acquisition
Prism Worldwide, a clean technology company, has acquired CRC Polymer Systems, a custom compounding company supplying compounds, resins, and colors to the plastics industry. By purchasing CRC, Prism will increase its capacity for product development, compounding, blending, and distribution throughout the United States and North America.
The introduction of Prism’s novel upcycled polymers into CRC’s existing proprietary compounds will produce new sustainable product options. Combining the two companies will allow Prism and CRC to deepen their commitment and ability to meeting existing customers’ needs and offering new circular polymers in a multitude of markets.
CRC supplies a complete line of compounds, resins, and color/additive concentrates from its compounding and distribution facility in central New York State. CRC’s focus on application specific solutions combined with strategic alignment with major resin producers of both engineering and commodity resins, has resulted in significant growth since 2000. CRC’s facility just outside of Rochester, New York, houses its compounding plant, complete with bulk storage and rail siding, along with an extensive pilot plant and materials lab for product development.
