Tiarco, a subsidiary of Textile Rubber & Chemical (TRCC), has announced that it has completed the purchase of H.B. Fuller’s surfactants, thickeners, and dispersants business based in Dalton, Georgia, for $71 million as of July 1, 2019. Tiarco is a specialty chemical manufacturer for latex, grease, lubricant, water treatment, and oil and gas applications.
“TRCC and the Tiarco team are excited to have H.B. Fuller’s rheology and surfactant group join our portfolio of businesses. Their products and new chemistries, combined with their outstanding operational and commercial teams, will greatly enhance our company’s ability to serve existing core markets, while introducing us to additional application areas and toll and contract opportunities. We look forward to working with H.B. Fuller on a smooth transition and continuing to deliver performance-based solutions to our current and future customers,” Kevin Nolan, vice president and general manager of Tiarco said in a press release.Tiarco, a subsidiary of Textile Rubber & Chemical (TRCC), has announced that it has completed the purchase of H.B. Fuller's surfactants, thickeners, and dispersants business based in Dalton, Georgia, for $71 million as of July 1, 2019. Tiarco is a specialty chemical manufacturer for latex, grease, lubricant, water treatment, and oil and gas applications.#
The newly formed group will be known as Tiarco-RST (rheology & surfactant technologies). H.B. Fuller’s surfactants, thickeners and dispersants business and its brands are well recognised, and the products include thickeners used in carpet, floor coatings, adhesive, and caulk formulations, as well as surfactants used in detergents, wetting agents, and foam boosters in beauty and healthcare products. (GK)
Fibre2Fashion News Desk – India