3 September 2013
Details
Innospec,
Patrick Williams, President and CEO
- Personal Care is the strategic core of our
Performance Chemicals Business, and
we have been seeking to add to both
the technology and the geographical footprint
to this business.
- We are delighted to acquire Chemsil, which brings commentary
technology to our current portfolios and
- Chemtec, which provide us with a solid base in the important
West Coast market.
- The companies have combined sales of $ 40 million.
Chemsil Silicones Inc.
* develops and markets silicone-based formulation to
the personal care industry and
* will become part of Innospec's
Performance Chemicals Business, which develops and markets
a range of surfactants and emoollients to personal care industry.
Chemtech Chemical Co.
* ,which distributes a wide range of personal care ingredients,
is focused on the customers in the West Coast and
* will continue to operate as a key distributor
in this market, offering a high level of customer service.
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