Optima Chemical acquires Chemours manufacturing assets in West Virginia

Optima Chemical acquires Chemours manufacturing assets in West Virginia

8:30 AM, 1st July 2015
Optima Chemical acquires Chemours manufacturing assets in West Virginia

NORWALK, US: Optima Chemical Company, sister company of Charkit Chemical Corporation said it has acquired manufacturing assets in Belle, West Virginia from The Chemours Company, a wholly owned subsidiary of DuPont, on 12 June. Terms were not disclosed.

Charkit stated that the acquisition now gives Optima a second manufacturing site, gaining the additional capacity that has been needed for some time. “Acquiring these assets means increased manufacturing capacities for Optima, helps facilitate Optima’s growth and further strengthens our manufacturing partnership with Chemours and DuPont,” said Charles Hinnant, president and owner, Charkit Chemical and its sister companies Optima Chemical and Arran Chemical.

“West Virginia has a long tradition of manufacturing excellence that continues today and will well into the future,” said Earl Ray Tomblin, Governor, West Virginia.

Hinnant said that there are two distinct chemical units within the newly acquired facility: one with FIFRA registration, allowing Optima to manufacture and offer agriculture intermediates immediately; and another that is not currently in use, which can provide capabilities similar to those available from Optima’s plant in Douglas, Georgia. The Belle facility features Hastelloy manufacturing equipment, bulk capabilities and rail and barge service.

Gene Williams, president of Optima, has named Doug Cochran, Optima’s vice president of business development, as designated leader of the startup integration with responsibility for this new Optima plant. Williams said there is a possibility that key personnel may be moving from the Douglas facility to support the operation in Belle, West Virginia.

“The acquisition situates Optima in the Kanawha Valley, known as an important area for chemical manufacturing. We are confident that the facility offers a unique set of capabilities and equipment that will allow Optima to better serve existing customers and to attract new customer looking for the capabilities we are now able to offer,” said Cochran.

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