DyStar has bought three specialty chemical units of Emerald Performance Materials. The three units are Carolina Chemical, Hilton Davis, and Foam Control. DyStar will integrate all three specialty businesses and manufacturing sites into its US business platform. Emerald Performance Materials is a US company and a leading manufacturer and marketer of specialty chemicals for the consumer and industrial markets.
The acquisition will strengthen DyStar’s position as a specialty chemical manufacturer in the USA as well as build a diversified product portfolio to launch on its global platform. By combining the businesses, DyStar will add a broad range of products to its portfolio to service multi-national retail brands and consumer brands. This will provide a more balanced business in strategic segments ensuring the long term growth and profitability of DyStar.
Emerald produces and markets technologically advanced specialty chemicals for a broad range of consumer and industrial applications. Its products play a variety of roles in products that are consumed and used every day enabling them to last longer, look, smell, taste or perform better. Emerald products are used in aerospace, food, beverages, cosmetics, toothpaste, household products, paint, automobiles, sports gear and many other applications. Emerald has three business groups, six operations and approximately 700 employees.