Rinchem acquires Taiwan-based transportation company

Rinchem acquires Taiwan-based transportation company

7:28 AM, 6th December 2017
Rinchem logo

ALBUQUERQUE, US: Rinchem Company Inc, a global chemical logistics provider has completed the acquisition of JS Transportation, a Taiwan-based transportation company. As a global leader in hazardous material supply chain management, Rinchem will benefit from this acquisition by increasing levels of service in the growing Taiwan market.

JS Transportation will expand Rinchem's fleet of trucks in the region by increasing Rinchem's strength as a transportation partner specifically for hazardous chemicals and spec gases.

JS Transportation has been in business since 1981 and has been family owned for the duration of its lifetime. JS Transportation has locations on the western coast of Taiwan including Taoyuan, Hsinchu, Taichung, Yunlin, Tainan, and Kaoshiung.

JS Transportation has 110 trucks in its fleet and 180 employees. This acquisition will significantly increase the employee and truck count in Taiwan growing Rinchem's presence in the region. These assets position Rinchem as the premier and best-equipped logistics company in the country.

"Rinchem is excited to make this acquisition. JS Transportation is a natural fit for Rinchem and our core service offerings. JS boasts the largest market share for spec gas transportation in the semiconductor industry in Taiwan so this acquisition greatly increases our transportation abilities throughout the country, making us a stronger partner for the many speciality chemical and gas companies located here," said Ken Breinholt, Rinchem's global director of business development.

© Worldofchemicals News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


BASF opens new rice knowledge centre in Philippines

BAY LAGUNA, PHILIPPINES: BASF SE has inaugurated a new rice knowledge centre at its agricultural research station in Bay, Laguna, Philippines. The new ...

Read more
Tesla constructs world’s largest lithium ion battery in Australia

MELBOURNE, AUSTRALIA: Tesla Inc has completed construction of the world’s largest lithium-ion battery in Australia, putting it on track to meet ...

Read more
Novozymes, Grundfos partner to solve global water challenges

COPENHAGEN, DENMARK: Novozymes has entered into an open innovation collaboration with Grundfos, a global leader in advanced pump technologies. The pa ...

Read more
ExxonMobil grants $50,000 for Promise House’s homeless youth assistance

IRVING, US: ExxonMobil Corporation said that its chairman and CEO, Darren Woods presented a $50,000 gift to Promise House to assist in its mission of ...

Read more
Total, Sonangol partner for new oil projects in Angola

PARIS, FRANCE: Total SA has signed several agreements covering both upstream and downstream activities with Sonangol, the national oil company of Ango ...

Read more
Gazprom starts operation at Russia’s largest acrylic acid plant

MOSCOW, RUSSIA: Gazprom Neftekhim Salavat, a part of Gazprom Group held an inauguration ceremony marking the start of commercial operations ...

Read more