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Purchase strengthens business in specialty chemicals for industrial applications.

Clare Goldsberry

August 4, 2021

1 Min Read
Emerald Kalama Chemical facility in Washington state
Image: Lanxess

Specialty chemicals company Lanxess announced completion of the acquisition of Emerald Kalama Chemical, a US-based manufacturer of specialty chemicals. Cologne, Germany–based Lanxess financed the purchase price of around $1.04 billion (€870 million) from liquid funds.

In 2020, Emerald Kalama Chemical generated global sales of around $425 million; 75% of sales were attributable to business with specialty products for the consumer-care market, especially products for flavors and fragrances, as well as preservatives for use in food, household products, and cosmetics. One quarter of sales originated from the specialty chemicals business for industrial applications.

This acquisition — the second-largest in Lanxess’ history — expands the company’s range of specialty chemicals for industrial applications, especially for the plastics, paints, and coatings as well as adhesive industries. One important addition to the new Lanxess portfolio is the K-Flex range of non-phthalate plasticizers and coalescents for adhesives, coatings, sealants, and vinyl applications. K-Flex plasticizers optimize production processes and end-product properties, said the news release.

Other important additions to the overall portfolio for industrial applications include Kalama Vitroflex plasticizers for the manufacture of polysulfide sealants and Modulast modifiers, which were developed for use in reactive polyurethane systems.

“The new products broaden the existing Lanxess range and offer growth opportunities in the area of non-phthalate plasticizers, which meet the most modern requirements of the plastics processing industry,” stated Dr. Thomas Facklam, who leads the Global Application Technology in the Polymer Additives business unit.

About the Author(s)

Clare Goldsberry

Until she retired in September 2021, Clare Goldsberry reported on the plastics industry for more than 30 years. In addition to the 10,000+ articles she has written, by her own estimation, she is the author of several books, including The Business of Injection Molding: How to succeed as a custom molder and Purchasing Injection Molds: A buyers guide. Goldsberry is a member of the Plastics Pioneers Association. She reflected on her long career in "Time to Say Good-Bye."

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