Emerald Kalama Chemical announces acquisition by LANXESS
VANCOUVER, WA, February 17, 2021-
Emerald Kalama Chemical, a global, leading manufacturer of specialty chemicals, announced today that affiliates of its majority owner, American Securities LLC, have entered into a definitive agreement to sell Emerald to LANXESS AG, a leading specialty chemicals company. The sale is expected to be completed in the second half of 2021, following customary and requisite approvals.
The sale will include all of Emerald’s operations in Washington state, the United Kingdom, and the Netherlands. These facilities are used to manufacture consumer-friendly preservatives, nature-identical aroma chemicals, low-VOC coalescents, and non-phthalate plasticizers and modifiers.
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