Tosaf Compounds

Company Overview

Snapshot

Founded in September 1985 by Amos Megides, Tosaf Compounds operates with 201–500 employees. The company expanded its North American presence through the acquisition of Vision Color in May 2020.

Business overview

Tosaf Compounds is a global leader in developing, producing, and marketing additives, compounds, and color masterbatches for the plastics industry. The company's products are designed to enhance plastic performance across various applications, including food packaging, automotive, and construction. Tosaf Compounds serves customers in over 50 countries, with production facilities located in Israel, the United States, Europe, Asia, and South America, operating within the Industrial Technologies sector.

Strategic signal

In May 2022, Tosaf Inc. invested $2 million in a new silo system and two extrusion lines in Bessemer City, North Carolina, as part of its long-term U.S. expansion strategy. This investment, which included adding 15-20 jobs, allows for raw material reception via rail, improving efficiency and supporting a 30% surge in North American sales in 2021. This signals a strong commitment to growth and operational optimization in a key market, indicating potential for continued expansion and increased market share.

Company Intelligence Q&A

What was a key strategic move for Tosaf Compounds in May 2020?

In May 2020, Tosaf Compounds acquired Vision Color LLC, expanding its presence and customer base in the U.S. market. This acquisition allowed Tosaf to integrate Vision Color's operations with its product line and technologies.

What significant investment did Tosaf Inc. make in North Carolina in May 2022?

In May 2022, Tosaf Inc. invested $2 million in a new silo system and two extrusion lines in Bessemer City, North Carolina. This investment was aimed at improving efficiency and was part of the company's long-term expansion plans in the U.S.

How did Tosaf expand its U.S. operations in August 2015?

In August 2015, Tosaf Group acquired Adtec Colorant Corp, a Texas-based company specializing in color concentrates and additive masterbatches. This acquisition was a strategic move to enter the U.S. market and broaden Tosaf's product portfolio.

What product innovation did Tosaf introduce in February 2015?

In February 2015, Tosaf developed a new UV4120PE masterbatch designed to extend the service life of UV-absorbing greenhouse films. This innovation significantly boosts the UV-filtering efficiency of the films.

What was the impact of Tosaf's North American sales performance in 2021?

Tosaf's North American sales in 2021 surged 30% above 2020 levels, with new customers accounting for 28% of active buyers. This growth was supported by strategic investments in infrastructure and capacity.