ChemSpec’s Partnering Supplier Zinc Oxide LLC Acquires Zochem
UNIONTOWN, OH— Tuesday, October 3, 2017 - CHEMSPEC, LTD. announces partnering supplier Zinc Oxide LLC acquires Zochem, a subsidiary of American Zinc Recycling LLC. This acquisition positionsZinc Oxide as the largest producer of zinc oxide in North America.
Founded in 1933, Zochem has been located in Brampton, Ontario since 1974. Led by a team of industry veterans, Zinc Oxide LLC began in 2013 and has rapidly established itself as a major player in the market. The acquisition includes all of Zochem’s manufacturing operations and product lines. Both the Brampton and Dickson facilities will continue to manufacture with the French Process method exclusively, as this method produces zinc oxide with the most consistent quality and highest purity. Zochem’s extensive domestic and global distribution network will also remain in place. The combined company will continue to supply zinc oxide to the tire, rubber, chemical, electronics, agricultural, plastics, USP/pharma, ceramics markets, and more. (Zinc Oxide LLC 2017)
According to Senior Vice President of Sales and Marketing, Ed Smith, Zinc Oxide LLC, “The acquisition of Zochem demonstrates our commitment to being the leading supplier of zinc oxide in North America. This move will benefit customers by ensuring a stable source for any grade of the highest quality zinc oxide. In addition, many customers will benefit from reduced shipping costs and transit times, given approximately 80% of the North American zinc oxide market is within a 500 mile radius of our two plants.”
Smith continued, “Our team is very excited about working with our new colleagues at Zochem. The combination of personnel, expanded sales network and facilities gives us the best of the best. With our added depth of capabilities and global reach, the new company has tremendous growth opportunities.”
ChemSpec, Ltd. is a regional distributor for Zinc Oxide LLC in the United States. The combined company will enhance ChemSpec’s customer base with their added capabilities. Chris Wagner, ChemSpec’s Marketing & Law Director explains “this new venture enables both companies to continue to serve our customers with quality products and we look forward to expanding the zinc oxide market.”
ChemSpec, Ltd. is a Uniontown, Ohio-based management-owned chemical distribution firm. ChemSpec is a subsidiary of Paris, France-based Safic-Alcan. ChemSpec, Ltd. also has a Mexican subsidiary (ChemSpec MÉXICO). ChemSpec distributes specialty and commodity chemical additives and specialty polymers into the North American elastomer mixing industry, as well as coatings, adhesive/sealant, inks, plastics and cosmetics compounding market segments. All of ChemSpec’s products are competitively priced and backed by a customer service support team that is unparalleled in the industry.