'Tis the Season to...Get Scammed. Are you protected?

2006-12-14 News Release

Web www.jobwerx.com jobwerx.tradepub.com

Search Jobwerx The Engineering Web

Textile processing chemicals unit sold

North American textile processing chemicals business will not close, but has been sold to a specialist in textile and speciality chemicals in Georgia.

The textile processing chemicals business in North America of LANXESS, has been sold to US StarChem that will take over the sites at Wellford, South Carolina, USA and Montreal, Canada.

LANXESS Corporation announced a divestment of its North American Textile Processing Chemicals (TPC) business unit. StarChem, Ltd, a specialist in textile and speciality chemicals, will acquire the operations based in Wellford, South Carolina/USA and Montreal, Canada and will employ major part of the workforces. StarChem is a subsidiary of Star Holdings, Inc., Dalton, Georgia, USA, and will be headquartered in Wellford, South Carolina, USA.

Find Information and Suppliers of textile processing chemicals.

LANXESS and StarChem have agreed not to name the purchase price for the activities of TPC in North America. Pre-merger notification to government agencies was not required for this transaction and the transaction is expected to close by end of the year.

US StarChem to take over the TPC sites at Wellford, South Carolina, USA and Montreal, Canada. photo: Lanxess

Pretreatment products from LANXESS are used to prepare textiles for dyeing and fluorescent whitening (optical brightening). Our range comprises of wetting, scouring, chelating and desizing agents. Bleaching stabilizers give textiles the desired hydrophilicity while fluorescent whiteners ensure the desired degree of whiteness.

TPC's product examples include flame-retardant clothing for firefighters, special textiles for soundproofing in cars and textiles with integrated microcapsules filled with fragrances.

LANXESS announced the divestment of all TPC activities outside North America at the start of November. The original plan was to close the site at Wellford, U.S.A. "I am delighted that we can now offer employees new prospects," said Axel C. Heitmann, Chairman of LANXESS’s Management Board.

The TPC business unit has around 380 employees worldwide and reports sales of EUR 150 million.

Find information about LANXESS.

Read a recent press release about - The low density of Pocan XtremeFlow from Lanxess reduces cycle times in injection molding and produces plastics components that are lighter and resistant to thermal aging.

Chemical Engineer Jobs - Post Employment Opportunity!

E-mail this page to a friend

- Specialty chemicals company divests industrial chem biz

- Certification, Training and Courses from The American Management Association

- Small Quantity Specailist - Plastics, Metals, Tool Steel and ...

- Looking for a Study Program?

- All this Months News

- Changing Jobs? View
Homes for Sale Nationwide

 

- Golf Equipment Manufacturer -Buy Direct and Save!

- Home Owners Insurance Online

Copyright - Unless otherwise stated all contents of this web site are © 1998/2006 JOBWERX.COM. – All Rights Reserved. For permission to reproduce any contents of this web site, please advise our Syndication department: Log onto HELP