Emerald Performance Materials LLC has acquired the business and assets of DSM Special Products BV (DSP), a European manufacturer of benzoic acid, sodium benzoate, benzaldehyde and benzyl alcohol. As part of the acquisition agreement, DSP will become a part of the Emerald Kalama Chemical business unit, which manufactures and markets products and technologies targeted to food and beverage, consumer, and industrial applications.
DSP is known for its toluene oxidation technology, as well as benzyl alcohol and benzaldehyde. These materials function as high-purity preservatives, antimicrobials, flavor, and fragrance ingredients for household products, coatings, agrochemical, and more.
“The acquisition of DSP is yet another strong sign of Emerald Kalama Chemical’s commitment to operate as a world-class organization focused on toluene oxidation chemistry in support of our customers worldwide,” said Edward T. Gotch, president, Emerald Kalama Chemical. “The DSP acquisition provides Emerald with a significant manufacturing presence in Europe and a great base from which to serve Emerald’s existing business in Europe, as well as support our growth in that region. We are very enthusiastic about this acquisition, as we feel that DSP’s technologies, expertise and reputation in the market closely parallel those of Emerald Kalama Chemical and our company as a whole.”
For additional details, visitwww.emeraldmaterials.comorwww.dsm.com/en_US/html/dsp/homepage.htm.
Emerald Completes Acquisition of DSM Special Products
December 22, 2010