United States.
Nitro Química Corporation, producers of nitrocellulose resins and other nitrocellulose solutions, announced the acquisition, through its U.S. subsidiary, of substantially all assets of Alchemix Corporation, a subsidiary of Scholle IPN Corporation, along with the acquisition of Alchemix's facilities in College Park, Georgia.
The transaction is aligned with Nitro Quimica's internationalization plan, enabling the expansion of its product portfolio and the strengthening of its share of the North American market.
Alchemix is the largest producer of USP collodion (a nitrocellulose-based solution for liquid bandages and dermatological products) in North America and is also one of the leading North American companies in providing chemical solutions to segments such as packaging printing inks, treatments for wood, leather and automotive finishing renewal surfaces, special adhesives, nail polishes, and sulfuric acid used in dry batteries.
Nitro Quimica's headquarters, manufacturing plant and research and development center are located in Sao Paulo, Brazil. The company also operates a sales office in Vienna, Austria. With the acquisition of the Alchemix business, Nitro Quimica will maintain a commercial office and an industrial unit in College Park, Georgia, in the United States.
