Market News
Key Developments
Key players are strategically investing in mergers and acquisitions to enhance their market share and retain leading position in the market.
- For instance, in 2017, Elementis plc. acquired SummitReheis, Inc. to expand product portfolio in personal care segment focusing on US and across the world. SummitReheis, Inc. is a manufactures and markets antiperspirant such as creams, antiperspirant sticks, roll-ons, pump sprays, wipes, and foot sprays. The company offers aluminum salts such as aluminum chlorohydrate, aluminum-zirconium-glycine, and UltraZAG aluminum-zirconium-glycine actives.
- Elementis plc. will merge SummitReheis, Inc. with some of its existing products to generate a US$ 200 Mn business for personal care ingredients. The company anticipate synergies with its hectorite clay mineral that are added to aerosols to improve the effectiveness of aluminum chlorohydrate.
- In 2012, ALTIVIA Specialty Chemicals, LLC, distributor and manufacturer of chemicals used primarily for industrial and municipal water treatment, paper and pulp production and oil field drilling operations. The company expanded its specialty chemicals product line which includes aluminum chlorohydrate, ferric and ferrous sulphate.
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