International. Croda International Plc. announced that it has completed the acquisition of Arizona Chemical's specialty products business area in Jacksonville, FL.
The acquisition gives Croda a portfolio of gelling polymers from major oil companies, further expanding Croda's footprint in the polymer field, while strengthening its position as a leader in specialty chemicals from renewable resources.
The technologies of the acquired business are naturally derived from the high bio-renewable content polyamides, currently marketed as Sylvaclear, Sylvasol and Uniclear and Sylvagel.
Croda will immediately begin the transition of these products to its portfolio, including the transfer of production to an existing Croda manufacturing plant in Europe.
