St. Louis, Missouri – Four chemical plants formerly operated by Emerald Performance Materials in Henry, Illinois are now up for sale, according to a 10 Jan announcement by Industrial Asset Recovery Group (IARG).
The processing and manufacturing units were previously used in the production of antioxidants, accelerators, and speciality chemicals used in tire production and other applications in the rubber and elastomer industry.
The operations officially ceased following the acquisition of Emerald by New York-based private equity firm American Securities LLC in September last year.
"This is a rare opportunity to acquire intact and complete processing units for chemical manufacturing," said Stuart Millner, president at IARG.
The plants, he said, are “filled with high-quality speciality equipment” which can be inserted "lockstep" with existing operations.
The liquidation will take place via negotiated sale and interested parties can schedule plant tours beginning January 2022, Millner added.
Available inventory includes speciality equipment used in accelerator processing, antioxidant processing, additives manufacturing, NaMBT & NaSh manufacturing, and a large tank farm used throughout operations at the facility.
The 18,000 square-feet accelerator processing plant was used to manufacture Cure-Rite 18 – a thiocarbamyl sulfonamide rubber accelerator for applications such as tires, moulded goods, hoses, and conveyor belts.
The inventory further includes a 10,000 square-feet antioxidant processing plant which manufactured Good-Rite 3114 – an antioxidant used in agriculture films and membranes as well as wire & cable and other rubber products.
Also on sale is a 38,000 square-feet additives manufacturing unit was used to manufacture multiple chemical products, such as StaLite, an additive to general purpose antioxidants for elastomers.
The plant also produced 50% NaMBT, a solution of sodium salt used in the manufacturing of tires and similar mechanical rubber goods products.
Additionally, a 4,000 square-feet NaMBT & NaSH production unit is available for sale. The plant produced aqueous solutions used as corrosion inhibitors, chemical intermediates, binding, processing and dyes.
Prospective buyers are also beng offered a tank farm, comprising dozens of large storage tanks, from 15,000 to 30,000 gallons.