Huber Acquires Almatis’ Specialty Hydrate Business
Huber Specialty Hydrates LLC, a subsidiary of J.M. Huber Corp., recently announced it has acquired the specialty hydrate flame retardant business of Almatis Inc., located in Bauxite, AR. The acquisition includes the Bauxite, AR, specialty hydrate manufacturing operation and all product grades under the Hydral® and SpaceRite® brands.
“The addition of the Almatis specialty hydrate business located in Bauxite is another exciting step in the growth of Huber’s Fire Retardant Additive business, as we continue to strengthen our portfolio of non-halogen flame retardant offerings,” said Jerry Bertram, vice president and general manager, Industrial Mineral, Huber Engineered Materials. “HEM entered into a tolling arrangement over a year ago with Almatis to sell, market and provide technical service support for its specialty hydrates. With the outstanding success of that venture, we expect a smooth ownership transition.”
The Hydral and SpaceRite products will continue to be manufactured in Bauxite and all product specifications will remain the same. Since the tolling arrangement began in December 2010, HEM has been building strong relationships globally with a number of companies seeking specialty hydrate flame retardants.
For more information, visit www.hubermaterials.com.