Hobart Group of companies has purchased Davro

Hobart Group of companies has purchased Davro

Article featured in SA Plastics, Composites & Rubber magazine

Anchor Chemicals, a subsidiary of Zenith Holdings, part of the Hobart Group of companies, has purchased Davro Marketing, the Durban based compounder of thermoplastic rubber and TPEs.

The acquisition was completed over a year ago, since when the business has been renamed Davro Compounding and the plant has been relocated from Jacobs to much larger premises in Mahogany Ridge, Westmead.

A state-of-the-art Farrel Pomini compounding unit has recently been installed and commissioned. One of the most advanced compounding systems in the southern hemisphere, the new line has the capability and flexibility to process a wide range of plastic and rubber materials using highly energy-efficient technology.

This is a major undertaking for the Hobart group of companies, which in South Africa also incorporates Carst & Walker, their speciality raw material distribution business, and Anchor Chemicals, a speciality adhesive and rubber chemicals manufacturer.

There has been little development in the local market for speciality compounded polymers over the past few years due to the exit from the market of Synthomer Revertex and more recently of Plastamid and Lomotek. The newly named Davro Compounding is now ready to meet the demand.

Dave Watson of Davro Marketing has been retained as a consultant in the new venture.

 

Image: The management team at Davro Compounding – Jaco Smith, Lucas Ndimbovu, Dave Watson and Gareth Akerman – are very pleased with the business’s new Farrel Pomini system, one of the most versatile and energy-efficient compounding lines around