5/25/2018

PLASKOLITE INTRODUCES PREMIUM CONTINUOUS CAST PRODUCTS OPTIX XL SPA AND OPTIX XL BATH

Products to replace Lucite® Spa and Lucite® Bath in markets outside of North America 


COLUMBUS, Ohio (May 25, 2018) – Plaskolite LLC, North America’s largest manufacturer of thermoplastic sheet products, announced today the launch of Optix® XL Spa and Optix® XL Bath, Plaskolite’s premium continuous cast products. Effective June 4, 2018, Optix XL Spa and Optix XL Bath will replace Lucite® Spa and Lucite® Bath respectively in markets outside of North America. Lucite Spa and Lucite Bath will both retain their names in North America.

The announcement comes as a result of Plaskolite’s February 12, 2018 acquisition of the continuous cast acrylic business of Lucite International Inc., which included the company’s sanitary ware spa and bath sheet operations and facilities. Plaskolite has successfully integrated the Lucite Spa and Bath sheet operations and is complying with certain brand requirements included in the transaction. Optix XL Spa and Optix XL Bath are the renamed Lucite Spa and Lucite Bath products, made from the same premium continuous cast cross-linked acrylic sheet.

“We’re very excited to bring our customers Optix XL Spa and Optix XL Bath, as these products solidify our entry into the spa and bath market,” said Mitchell Grindley, President and CEO, Plaskolite. “Plaskolite will continue to produce the same flawless and colorful acrylic sheet using the same manufacturing processes made exclusively from the same Lucite monomer that customers are accustomed to receiving.”

In addition to Lucite’s sanitary ware spa and bath sheet, the February acquisition also included the company’s general-purpose sheet and 93,375-square-foot sheet manufacturing facility in Memphis, Tennessee. Plaskolite followed the Lucite acquisition announcement by announcing the acquisition of Covestro’s North American polycarbonate sheet manufacturing business on March 22, 2018.

For more information on Plaskolite’s full product line, solutions and easy ordering, visit www.plaskolite.com.

About Plaskolite, LLC.
Founded in 1950 in Columbus, Ohio, by Donald G. Dunn and family, Plaskolite, LLC. is the largest privately-owned North American manufacturer of acrylic sheet products. Plaskolite’s customized products are used in a wide variety of applications including windows, doors, lighting, signs, point-of-purchase displays and bath products. Plaskolite serves a diverse customer base including distributors, OEMs and retailers. In 2015, Charlesbank Capital Partners became the first outside equity investor in Plaskolite. For more information, please visit our website at www.plaskolite.com. 

Contacts:

Rebecca Goodburn

Fahlgren Mortine Public Relations

rebecca.goodburn@fahlgren.com

614-383-1659

David Dennis

Chief Strategy Officer Plaskolite, LLC

David.dennis@plaskolite.com

614-294-3281