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Innospec Acquires Chemsil and Chemtec

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By: TOM BRANNA

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Innospec Inc., Littleton, CO, has acquired Chemsil Silicones and the Chemtec Chemical Co., strengthening its personal care stable. Chemsil develops and markets silicone-based formulations to the personal care industry. Chemtec, which distributes a wide range of personal care ingredients, is focused on customers on the West Coast. The companies have combined sales of $40 million. “Personal care is the strategic core of our performance chemicals business, and we have been seeking to add to both ...

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