Home Construction Materials / Products / Equipment News Construction Chemical News Elementis buys US additives producer Hi-Mar Specialty Chemicals for USD 33 million.

    Elementis buys US additives producer Hi-Mar Specialty Chemicals for USD 33 million.

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    UK-based Elementis Specialties Inc. has announced its acquisition of US coatings additives company Hi-Mar Specialty Chemicals. Hi-Mar Specialty Chemicals is a supplier of defoamers to the coatings used in construction and oilfield drilling industries with manufacturing and technical facilities based in Milwaukee, Wisconsin. Elementis Specialties Inc has purchased the assets of Hi-Mar Specialty Chemicals at USD 33 million and plans to expand business combining the market positions, technical capabilities and product portfolios of the two businesses, to provide an enhanced product and service offering and to further expand sales beyond North America.

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