ERJ staff report (DS)
Mannheim, Germany -- Rhein Chemie Rheinau GmbH has closed the acquisition of two more businesses from Flexsys America L.P., a subsidiary of Solutia Inc. based in St. Louis, Missouri.
Rhein Chemie is taking over the Vocol and Santoweb product lines including customer lists, tolling agreements and know-how. Employees of Flexsys are not part of the transaction. The transaction is effective immediately. Terms of the deal have not been disclosed.
Vocol is especially suited to substitute physiologically harmful accelerator systems. Owing to its chemical composition, Vocol generates an extremely stable rubber network during vulcanisation. This property is particularly beneficial for thick-walled rubber articles such as solid rubber tyres or fenders
The Santoweb product range comprises pre-dispersed polymer-bound cellulose fiber batches used, for example, as reinforcement materials in the manufacture of drive belts and conveyor belts.
â€œAcquiring the two product lines Vocol and Santoweb strengthens our expertise in high-quality dithiophosphate accelerators and pre-dispersed polymer-bound fibers. This enables us to specifically expand our service spectrum for rubber processors,â€ said Dr. Anno Borkowsky, CEO of Rhein Chemie.
Last November, Rhein-Chemie's parent, Lanxess AG bought selected parts of Solutia's primary accelerator business as well as its anti-reversion agent Perkalink 900.
In addition, in February this year, Solutia sold its dithiocarbamates (DTCs) and tetrabenzylthiuram disulfide (TBzTD) businesses to Performance Additives Europe GmbH, a subsidiary of Behn Meyer Chemical Holding (S) Pte. Ltd., for $26 million
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Press release from Rhein Chemie