Market News
Recent Developments
New product launches
- In March 2021, American Elements launched strontium nitrate for high-temperature coatings. This expanded their product portfolio for high purity strontium nitrate. American Elements is a global manufacturer and distributor of advanced materials, with an over 35,000-page online product catalog and compendium of information on the chemical elements, advanced materials, and high technology applications. American Elements offers a wide range of materials, including high purity metals, chemicals, nanoparticles, and other advanced materials. The company is committed to providing high-quality products and services to its customers, catering to various industries and applications.
- In January 2022, Solvay launched high purity strontium nitrate powder PROTECZA for specialized electronics application. This strengthened its portfolio.
- In June 2020, Sakai Chemical Industry Co., Ltd. launched strontium nitrate for water treatment applications in Japan. This move allowed it to enter new application segments. Sakai Chemical Industry Co is a company that is involved in the manufacturing and sale of chemical industry products. The company, also known as Sakai Chemical Industry, which operates with the mission of creating a friendly future through chemistry. It is based in Japan and has a presence in Vietnam, where it provides PVC stabilizers, hydrotalcite, painting raw materials, cosmetic ingredients, and catalyst products. The company is committed to contributing to cutting-edge manufacturing and the development of friendly chemical products.
Acquisition and partnerships
- In December 2021, Solvay acquired Shenzhen Chemicals Co., Ltd. This acquisition enhanced Solvay's capability to supply strontium nitrate to the electronics industry in China.
- In January 2020, American Elements entered an authorized distribution agreement with Macron Fine Chemicals for the supply of strontium nitrate in India. This improved American Elements presence in the region.
- In March 2022, ProChem, Inc. partnered with NEAL Langerman Company for the distribution of its strontium nitrate in the U.S This strengthened their distribution network.