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LANXESS completes acquisition of Emerald Kalama Chemical Company

 Last Update: 2021-08-14
 Source: Internet
 Author: User

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Sinochem News Online on August 4th, LANXESS announced that the company has completed the acquisition of Emerald Kalama Chemical, a US manufacturer of specialty chemicals
.

Currently, LANXESS has received all necessary regulatory approvals

With the completion of the transaction, LANXESS has added 3 production bases, located in Calama, Washington, USA, Rotterdam, the Netherlands, and Widnes, UK
.

In 2020, Emerald Kalama's global sales will be approximately 425 million U.
S.

Chang Mutian said that the acquisition of Emerald Kalama's business will improve the stability and profitability of LANXESS, and will expand its product portfolio for the consumer protection industry
.

Approximately 3/4 of the sales of the acquired business will be attributed to special products for the consumer healthcare industry

Chang Mutian said that LANXESS is incorporating this business into its newly established flavors and fragrances business unit
.

This business unit will be part of the consumer protection business sector

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LANXESS completes acquisition of U.S. specialty chemicals company Emerald Kalama

08-14

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LANXESS completes acquisition of Emerald Kalama Chemical Company

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LANXESS completes acquisition of U.S. specialty chemicals company Emerald Kalama