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Lanxess Acquires Phthalate-Free Plasticizer Maker
1:24 PM MDT | October 17, 2011 | Vincent Valk
Lanxess has acquired Unitex Chemical (Greensboro, NC), a maker of phthalate-free plasticizers and other specialty chemicals, such as flame retardants, the company says. Terms of the deal were not disclosed. Unitex employs about 40 at its one site in Greensboro, which has a capacity 50,000 m.t./year, producing mostly phthalate-free plasticizers. The company recorded about $30 million in sales last year. The deal gives Lanxess access to Unitex’s manufacturing plant, as well as its line of phthalate-free plasticizers, including benzoates, cirates and...
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