MOUNT LAUREL, N.J.--(BUSINESS WIRE)--PMC Group N.A., Inc. ("PMC") announced today that it has completed the acquisition of the global methyl tin stabilizers and solid lubricants business (the “Business”) of The Dow Chemical Company (“Dow”).
The Business includes global organotin and heavy-metal free organic polymer stabilizers, polymer lubricants and multi-component package product lines sold under brand names including ADVASTAB™, ADVALUBE™, ADVAWAX™ and ADVAPAK™. The transaction includes a world-scale manufacturing facility dedicated to these products in Cincinnati, Ohio.
Mr. Debtosh Chakrabarti, President of PMC said, “This acquisition broadens our technology and product offering and underscores our commitment to be an innovative leader in the polymer additives industry. We are excited to welcome the customers and employees of the Business located in Cincinnati to PMC.”
About PMC
PMC Group is a growth oriented, diversified, global chemicals and plastics company dedicated to innovative solutions to everyday needs in a broad range of end markets including plastics, consumer products, electronics, paints, packaging, personal care, food, automotive and pharmaceuticals. The Company was built on a sustainable model of growth through innovation while promoting social good. PMC operates from a global manufacturing, innovation and marketing platform with facilities in the Americas, Europe and Asia. More information about PMC and its activities around the world can be found at www.pmc-group.com.