DyStar LP, a subsidiary of DyStar Global Holdings (Singapore) Pte. Ltd., a market leader in textile industry, has announced completion of acquiring three specialty chemical units – Carolina Chemical, Hilton Davis and Foam Control of Emerald Performance Materials LCC, a US company that produces and markets technologically advanced specialty chemicals for a broad range of industrial applications.
As per the company release, DyStar LP will integrate all three specialty chemicals businesses and manufacturing sites into their US business platform. “The acquisition strengthens DyStar’s position as a specialty chemical manufacturer in the US as well as builds a diversified product portfolio to launch on our global platform,” said Ruan Weixiang, Chairman of DyStar Group.
By combining the businesses, DyStar will enhance its product portfolio to service multinational retail brands and consumer brands. This will also provide a more balanced business in strategic segments ensuring the long term growth and profitability of DyStar.
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The DyStar Group is a solution provider, offering customers across the globe a complete range of colourants, auxiliaries and services. The DyStar Group has offices, competence centres, agencies and production plants in over 50 countries to ensure the availability of expertise in all important markets.
