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Altana acquires US firm ChemCor

3:23 AM MST | December 7, 2012 | Deepti Ramesh

Altana says it has signed a contract to acquire the business of ChemCor (Chester, NY), a manufacturer of specialty wax additives. Financial details of the deal were not disclosed. ChemCor produces water-based wax products and specialty additives for a wide range of industries including floor finishes, exterior paint and deck stains, graphic arts coatings and inks, as well as mold release products, Altana says. ChemCor, a family-owned business, has annual sales of about $17 million. By way of an asset deal, Altana will acquire the production site at Chester...

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