Royal DSM, the global Life Sciences and Materials Sciences company, has finalized the sale of
DSM Synres to Standard Investment.
DSM Synres produces solventborne
alkyd and acrylic coating resins at its site
in Hoek van Holland, the Netherlands for
the global coatings, adhesives and graphic arts markets since 1947. DSM Synres
had sales of approximately €50 million
with approximately 80 employees.
Standard Investment, based in
Amsterdam, is a hands-on private equity firm focused on small- and medi-um- sized enterprises in the Netherlands
and Belgium. Since its establishment in
2004, the firm has acquired a portfolio
of 18 companies.
Evonik Names Chem-
Materials Distributor of the
Year
Evonik Industries recently awarded
Chem-Materials, Inc, its Distributor of
the Year award for Highest Sales Growth
in 2014. This award was based on sales
growth in 2014 relative to a previous
three year average.
The award was presented at the annual Evonik Distributor Appreciation
Business Meeting (DABM) held in Long
Branch, NJ. Chem-Materials, Inc, is a
regional specialty chemical distributor
headquartered in Cleveland. It distributes specialty chemical raw materials,
including Evonik’s business line of Tego
Coating & Ink Additives and Evonik’s
Interface & Performance business line
in 22 states in the Mid-Central United
States. This is the second Evonik award
for Chem-Materials in the past 3 years.
Arkema Brings New Resins
Reactor Online in Brazil
The Coating Resins business of Arkema
has expanded acrylic resin manufactur-
ing capacity in Araçariguama, Brazil by
60 percent. The new reactor will enable
manufacturing of Arkema’s product
chemistries previously unavailable in
the region.
With the start-up of the new reactor,
Arkema has improved virtually every as-
pect of the company’s latex production in
Brazil, including manufacturing, logistics
and shipping, storage, filtration and the
capabilities of the reactor itself, the com-
pany stated.
“These improvements will enable us
to begin migrating production capabili-
ties and product lines currently available
in other parts of the world to the facil-
ity in Brazil,” Eric Schmitt, president,
Arkema Quimica Ltda. Brazil, explained.
“We can now provide customers local
manufacturing of innovative, market-
leading products, produced in a modern,
automated facility with a focus on consis-
tent, repeatable quality and environmen-
tal responsibility.”
Products manufactured at the plant
will now include a much wider range of
chemistries, including 100 percent acrylic,
styrene acrylic, vinyl acrylic, vinyl VeoVa
and polyvinyl acetate (PVA). These prod-
ucts are used across many traditional
and emerging applications in industries
such as architectural coatings, industrial
coatings, pressure sensitive adhesives and
construction adhesives, textiles, sealants
and waterproofing membranes.
As production ramps up, Arkema will
begin to introduce new products based
on demand and market potential. The
first products added to the production
capabilities of the new facility include
the following:
• ENCOR DT 211 BR, a 100 percent
acrylic ideally suited for fast-dry traffic paints.
• ENCOR 161 BR styrene acrylic latex for use in mortars and grouts, tile
adhesives and waterproofing membranes, as well as cement-based skim
coats, gap fillers, and in decorative
concrete applications.
•ENCOR 413 BR, an acrylic emul-
sion polymer specifically developed
for use in the polymer modification of
Portland cement and other hydraulic
cement compositions.
•ENCOR 9801 BR acrylic pressure
sensitive adhesive for packaging tape
applications.
•ENCOR 9466 BR, a high solids
acrylic pressure sensitive adhesive for
label applications.
BASF and Grolman
Collaborate in Europe
BASF and Neuss/Germany-based Gustav
Grolman GmbH & Co. KG will start an
exclusive collaboration in the marketing of amine-based curing agents of the
Baxxodur brand in Europe. Grolman
will initially market the BASF specialty chemicals for Germany, Austria,
Switzerland, Belgium, the Netherlands,
Luxembourg, Ireland and Great Britain,
specifically for use in epoxy resin based
applications. Examples are thermosetting laminates, highly resistant floor
coatings, corrosion protection varnish
and composite materials. The products
are used in the construction industry
as well as in the automotive, marine,
aerospace and industrial applications
manufacturing.
“The partnership fits very well into
our Baxxodur sales & distribution strategy. Grolman has a diversified know-how in application technology and a
technically well-versed sales force. As
one of Europe’s largest distributors of
specialty chemicals, Grolman also has
the right structure and market acceptance to serve customers efficiently,”
said Dr. Oliver Cullmann, Vice President
Business Management Specialty Amines
in BASF’s Intermediates division.
Under the brand name Baxxodur,
BASF markets a diversified spectrum of
amine-based curing components for the
professional processing of epoxy resins.
In addition, the BASF product range also
comprises various systems of epoxy res-
ins and curing agents. CW
DSM to Sell Alkyd & Acrylic Coating Resins
Production Site to Standard Investment
