Home / Knowledge / News / Textiles / Dystar acquires 5 chemical units of Emerald Performance
Dystar acquires 5 chemical units of Emerald Performance
07
May '16
Dystar LP, the US subsidiary of Dystar Global Holdings, announced that it has acquired five specialty chemical units of Emerald Performance Materials.

Dystar LP also announced the sale of its polymer additives and nitriles businesses to Jiangsu Sinorgchem Technology, a subsidiary of Sinochem Group, a state-owned Chinese company with core businesses in the energy, agriculture, chemicals, real estate and financial service.

The five units acquired include the specialties, polymer additives, and nitriles business groups of Emerald Performance Materials.

Upon completion of both the agreements, DyStar LP will retain the specialties businesses, which adds three new manufacturing sites to DyStar's US business platform. The acquisition will help the company expand, reduce costs, and synergise the technical know-how across all businesses.

Ruan Weixiang, chairman, DyStar group, said, “We are enthusiastic about the growth that the combination will foster. This high quality acquisition will significantly strengthen DyStar's position in the chemical industry and we are uniquely positioned to take advantage of the new revenue growth and synergy opportunities.”

DyStar Group is a solution provider, offering customers across the globe a complete range of colorants, auxiliaries and services. The company has offices, competence centers, agencies and production plants in over 50 countries to ensure the availability of expertise in all important markets. (HO)

DyStar

Must ReadView All

Apparel/Garments | On 19th Jan 2017

Apparel brand Mango adapts website for Middle East region

Spanish apparel brand Mango has unveiled an adapted version of its...

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search