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Ecolab acquires Purolite, a manufacturer of ion exchange resins, for US$3.7 billion

 Last Update: 2021-11-13
 Source: Internet
 Author: User

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Sinochem News Online on October 28th, Ecolab of the United States announced that it will pay US$3.

Purolite is headquartered in Pennsylvania, USA, and produces ion exchange resins for separation and purification for customers in the fields of biopharmaceuticals, microelectronics, nuclear power, food and beverages

According to Ecolab, Purolite's revenue has grown at a rate of 14% per year in the past five years, achieving double-digit growth in biopharmaceutical applications, and high-single-digit growth in industrial applications such as microelectronics, food and beverages

Ecolab said that through this transaction, it will significantly increase its opportunities in the high-growth, high-profit life sciences business, such as the purification of mRNA vaccines and monoclonal antibodies used in cancer treatment drugs

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