1 May 2013
Details
With the purchase by SK Capital finalized today,
Addivant-the global leader in specialty additives-
unveiled a new corporate identity and announced plans
for expansion, a broader product offering and
increased emphasis on innovation.
Addivant,
Peter R. Smith, President and CEO
- Peter R. Smith, a former member of Chemtura's leadership team
and General Manager of the business unit since 2009, has been named
President and CEO
Headquater
Addivant will be headquartered in Connecticut, USA and
maintain its workforce and global footprint with
* 11 plants on five continents and
* 9 existing technology centers and
application testing centers worldwide.
Company's new name
The name Addivant was chosen by the employees.
It symbolizes our commitment to serve as
a specialty additives company
that partners with customers to develop solutions
that enable their success and provides marketable advantages
in the plastics and rubber industries.
Products portfolio
Addivant is the world's largest producer of liquid phosphites,
specially antioxidants and materials in non-dust forms,
including its patented stabilizer blend technology that enables
up to eight components to be delivered in a single homogeneous blend
delivering benefits for customers.
Addivant's portfolio of products reflects its roots
in predecessor companies that include
* Great Lakes Chemical,
* Uniroyal Chemical,
* GE Specialty Chemicals.
This legacy gives Addivant a deep heritage in products
that include antioxidants, antiozonants, intermediates and
inhibitors, polymer modifiers, light stabilizers and
brands that date as far back as 1890.
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