RPM acquires speciality chemicals manufacturer in US

RPM acquires speciality chemicals manufacturer in US

6:14 AM, 18th January 2017
Prime Resin product display
Prime Resin’s product display for use in Infrastructure projects.

MEDINA, US: RPM International Inc (RPM) has acquired Prime Resins Inc, to be part of its USL Group. Prime Resins is a manufacturer of speciality chemicals and equipment for infrastructure construction and repair. Headquartered in Conyers, Georgia, Prime Resins has annual net sales of approximately $7 million.

Prime Resins' product line includes a broad range of polyurethane and epoxy grouts, foams, adhesives and coatings. They have primarily used for leak sealing, concrete structural repair, slab lifting and soil stabilisation. Product applications include highways, roads, bridges, airport runways, sewage systems and retaining walls.

The USL Group is comprised of several business units that provide a wide array of coatings, products and services for infrastructure projects, including bridges, roadways and car parks. It is based in the UK and has operations across Europe, Asia, the Middle East and US.

"Prime Resins will operate within our USL Group of companies and will continue to be led by its founder and president, David Barton. We intend to drive its top-line growth by leveraging the Prime Resins sales force to bring more of USL's differentiated product technologies to the US infrastructure market. At the same time, we will improve its bottom line through access to RPM's raw materials purchasing network,” said Frank Sullivan, RPM chairman and CEO.

© 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


Merck announces changes in executive management

DARMSTADT, GERMANY: Merck declared that it has made new appointments to several executive positions. These appointments involve transfers between the ...

Read more
AkzoNobel repurchased shares worth €8.14 million

AMSTERDAM, NETHERLANDS: AkzoNobel NV said that it has repurchased 137,000 of its own ordinary shares in the period from 9 January 2017 up to and inclu ...

Read more
Moving a step ahead in fuel cell technology

In an interview, Dr Sujit Ghosh, Associate Professor - Chemistry at Indian Institutes of Science Education and Research (IISER) in Pune, India wi ...

Read more
Imagine Chemistry: AkzoNobel’s global startup challenge for chemicals

AMSTERDAM, NETHERLANDS: To help drive innovations and find solutions to some of the most urgent chemistry-related problems, AkzoNobel NV is launching ...

Read more
Linde opens hydrogen fuelling station near Munich, Germany

MUNICH, GERMANY: The Linde Group said that it has converted its test and development centre at its production site in Unterschleissheim, Munich, to a ...

Read more
Anadarko to sell Eagleford shale assets in $2.3 billion deal

HOUSTON, US: Anadarko Petroleum Corporation (APC) has agreed to sell its Eagleford shale assets in South Texas to Sanchez Energy Corporation and Black ...

Read more