MOUNT LAUREL, N.J.--(BUSINESS WIRE)--PMC Group NA, Inc. (“PMC”) announced today that it completed its purchase of Arkema Beijing Chemical Co., Ltd. on January 1, 2014. This completes the final portion of PMC’s previously announced acquisition of Arkema’s worldwide tin stabilizer, organometallic, and organophosphine specialty chemical business. The new name of Arkema Beijing Chemical Co., Ltd. is PMC Beijing Chemicals Co., Ltd.
The acquired business will operate as part of PMC’s PMC Organometallix business unit. After completing this portion of the acquisition, PMC Organometallix now owns, and operates worldwide, the families of Advastab™ and Thermolite® tin heat stabilizers, Ca/Zn heat stabilizers, FASCAT™ catalysts, and fine chemicals.
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.