Breaking News

Michelman Makes Acquisition

September 13, 2005

Cincinnati, OH-based raw material supplier Michelman has acquired the 50% interest in Michelman Asia-Pacific Pte. Ltd. previously held by Drex-Chem Industries Pte. Ltd. Michelman Asia-Pacific—a 50/50 joint venture between Michelman and Drez Chem Industries—has established a regional manufacturing facility for Michelman performance additives and coatings. According to the company, the joint venture has enabled Michelman to begin regional operations, develop an Asian strategy and grow sales.

Michelman’s acquisition was prompted by the growing acceptance of its products in the nonwovens market. The company expects this acquisition to further enhance sales growth.
  • Latin America: A Region in Flux

    Latin America: A Region in Flux

    Karen McIntyre, Editor||February 2, 2017
    Region looks to recover in 2017 but changes in U.S. trade policy could pose setbacks.

  • Needlepunch Nonwovens Report

    Needlepunch Nonwovens Report

    Tara Olivo, Associate Editor||February 2, 2017
    This versatile technology continues to replace fabrics typically used in automotives, filtration and more.

  • Personal Care  Wipes Market

    Personal Care Wipes Market

    Tara Olivo, Associate Editor||February 2, 2017
    Specialized wipes continue to emerge in this growing segment.