Northern Specialty Chemicals Company Acquired by Synthron
After the acquisition of MACE POLYMERS & ADDITIVES in the USA in 2009, a 75% participation in the capital of HOLQUIMICA in Colombia in 2010, SYNTHRON announces its development on the chemical products paper market with the purchase of NORTHERN SPECIALITY CHEMICALS in Woonsocket (Rhode Island) in the USA during the summer of 2011 by its parent company PROTEX INTERNATIONAL.

PARIS, FRANCE, September 27, 2011 /24-7PressRelease/ -- After the acquisition of MACE POLYMERS & ADDITIVES in the USA in 2009, a 75% participation in the capital of HOLQUIMICA in Colombia in 2010, SYNTHRON announces its development on the chemical products paper market with the purchase of NORTHERN SPECIALITY CHEMICALS in Woonsocket (Rhode Island) in the USA during the summer of 2011 by its parent company PROTEX INTERNATIONAL.

Founded in 1932, PROTEX INTERNATIONAL is an independent French industrial group which develops, manufactures and commercializes chemical products by providing its expertise in various businesses : Agriculture, Fine and Specialty Chemicals, Electronics, Paints, Inks, Textile, Paper ... for niche markets with high diversification and an important international presence.

In 2011, PROTEX INTERNATIONAL will report an annual world turnover of 130 million Euros of which 80% is outside of France, with 500 employees location in over 20 subsidiaries, in Europe, USA, South America and Asia.

The chemical products paper market represents over 11% of the activity of PROTEX INTERNATIONAL and the acquisition of NORTHERN SPECIALITY CHEMICALS aims at further developing this segment, and thereby favour synergies with the French subsidiary SYNTHRON which also intervenes in this market.

This operation will enable to optimize the potential which exists both for SYNTHRON and NORTHERN SPECIALITY CHEMICALS : cross-functional R&D, optimization of production capacities, development of turnover and access to new clients, and new countries.

The range of SYNTHRON products covers:
- the production of paper pulp : sequestering, tarter inhibition, stabilizer for hydrogen peroxide...
- fireproofings, waterproofings...
- the damp part : dye fixative, stickies treatment...

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