enthusiastic about the concept: “The
Chemistry Day creates a better under-
standing of how cooperation between
academic researchers and industry can
add value for our society.”
This is the third Chemistry Day or-
ganized by Clariant, and the company
has also used the event to give insights
into current research projects.
Merck Names Blue-Glow
Purple Effect Color of 2017
Merck KGaA has announced for 2017 its
first effect color of the year. It is blue-glow
purple. The violet shade continues the trend
towards shades of reddish blue and bluish
red. The color can be imparted in a variety
of shades for cosmetics, printed and plastic
products as well as coated surfaces.
“Fruity and fresh like plums and at
the same time reminiscent of old roses
and ripe fruit are attributes inspiring the
trend towards reddish shades. Our versatile trend shade creates both punky and
royal impressions through a calm and
mysterious color, which can also appear
vibrant,” said Filip Roscam, design director for Pigments & Functional Materials
within the Performance Materials business sector.
Chemours Inaugurates
Expansion at Altamira
Titanium Dioxide Plant
in Mexico
The Chemours Company recently held
formal inauguration ceremonies for a
new titanium dioxide production line
in its Altamira plant in the Mexican
state of Tamaulipas.
Pictured in front of the new facility
are, (from left to right): Jose Antonio
Chouza, commercial director for
Chemours Titanium Technologies in
Latin America; Bryan Snell, president
of Chemours Titanium Technologies;
and Luis Rebollar, president of
Chemours Mexico.
Also taking part in the ceremony
were a number of federal, state and lo-
cal government officials from Mexico.
During his remarks at the inauguration,
Snell said the expansion “would help
us deliver on our long-term commit-
ment to serving our global customers
with a product that delivers high-per-
formance without compromising qual-
ity or environmental sustainability.”
Production on the new line is ex-
pected to ramp up steadily, with full
capacity of 200,000 metric tons per
year being achieved over the next sev-
eral years, the company reported.
American Securities
to Acquire Chromaflo
Technologies
American Securities LLC, Arsenal
Capital Partners and Nordic Capital
Fund VI have announced that American
Securities has partnered with management and signed a definitive agreement
to acquire Chromaflo Technologies
Corp., a leading producer of proprietary, high-performance colorants and
chemical dispersions, from Arsenal
Capital Partners and Nordic Capital.
The transaction is expected to close in
November 2016 and is subject to customary closing conditions and regulatory approvals. Financial terms of the
transaction were not disclosed.
Headquartered in Ashtabula, Ohio,
Chromaflo is a leading independent
global supplier of colorant systems,
chemical and pigment disper-
sions. With more than eight
decades of industry experi-
ence in colorant systems and
chemical pigment dispersions, the
Chromaflo’s family of brands includes
more than 200 product lines and 7,000
products, serving customers across six
continents.
Scott Becker, president and CEO of
Chromaflo, said, “We look forward to
partnering with American Securities.
They are ideally positioned to support
our next phase of growth and develop-
ment as we look to expand our prod-
uct offerings, geographies, and market
reach. American Securities has signifi-
cant experience in the specialty chemi-
cal sector and a broad and experienced
team, which will aid in our expansion.
We look forward to working with them
as we continue to focus on providing
highly technical colorant and chemi-
cal solutions to our customers and
markets.”
Scott M. Wolff, a managing director
of American Securities, commented,
“We believe that Chromaflo’s commit-
ment to product innovation, combined
with its experienced and customer-fo-
cused management team, positions the
Company for continued growth. We
look forward to bringing our resources
to bear to support Scott Becker and the
rest of Chromaflo’s management team
toward continued success.”
“Through its organic growth and
strategic acquisitions, Chromaflo
has become the leading global in-
novator and supplier of colorants
and chemical dispersions with broad
technologies serving the coatings and
thermoset plastics markets,” said John
Televantos, a partner who co-heads
Arsenal’s Specialty Industrials practice.
“Nordic Capital Fund VI is proud
of the transformation of Chromaflo
into a leading global player and has
been very pleased with the partnership
with Scott Becker and his management
team for executing the Company’s
growth and acquisition strategy,”
added Robert Furuhjelm, partner, NC
Advisory Oy, advisor to the Nordic
Capital Funds. CW
