Italmatch Chemicals, a global chemical group leader in the manufacturing and retailing of performance additives for water & process treatment, oil & gas, industrial lubricants and plastics, acquired Chinese Jiayou Chemical, active in the phosphonate business, from Ecolab Inc., the global leader in water, hygiene and energy technologies and services.
This business deal allows Italmatch to reinforce its presence in the Asia Pacific Region with a new plant specialized in production of phosphonates. The new site complements the other dedicated plants located in North America and Europe and makes Italmatch and its brand Dequest the global leader in this business.