13 December 2010 20:57 [Source: ICIS news]
HOUSTON (ICIS)--US private equity firm Arsenal Capital Partners acquired Para-Chem Southern for an undisclosed sum, it said on Monday.
Para-Chem, based in Simpsonville, South Carolina, offers specialty adhesives, coatings, polymers, surfactants and thickeners for several North American markets including carpeting, personal care, household, industrial, construction, paper and packaging, Arsenal said.
Para-Chem specialises in custom formulations offering flexible production, applications development, technical support and service, Arsenal said.
“The acquisition of Para-Chem strengthens Royal’s technical expertise and approach of providing customers with specialty formulated products,” said Royal chief executive Ted Clark.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections