PMC acquires Dow's polymer stabilizer and solid lubricant business

PMC Group N.A., Inc. announced that it has completed the acquisition of the global methyl tin stabilizers and solid lubricants business of The Dow Chemical Company. The business includes global organotin and heavy-metal free organic polymer stabilizers, polymer lubricants and multi-component package product lines sold under the brand names ADVASTAB(TM), ADVALUBE(TM), ADVAWAX(TM) and ADVAPAK(TM). The transaction includes a world-scale manufacturing facility dedicated to these products in Cincinnati, Ohio.
Terms of the transaction were not disclosed.
“This acquisition broadens our technology and product offering and underscores our commitment to be an innovative leader in the polymer additives industry,” said Debtosh Chakrabarti, PMC president.
In October 2012, PMC acquired Arkema’s global organotin and organophosphine-based polymer stabilizers, catalysts and fine chemicals business in the Americas and Europe.
PMC Group is a diversified, global chemicals and plastics company, based in Mount Laurel, N.J., U.S.A. It operates from a global manufacturing, innovation and marketing platform with facilities in the Americas, Europe and Asia.