CUYAHOGA FALLS, Ohio,
May 6, 2016 /PRNewswire/
-- Emerald Performance Materials, LLC has reached an agreement
to sell its Emerald Specialties and Polymer Additives and Nitriles
business groups to DyStar LP. The sale involves five of the
company's nine plants, specifically the dedicated plants in
Charlotte, NC, Cincinnati, OH, Cheyenne, WY, Henry,
IL, and a portion of a shared site in Akron, OH. Terms of the transaction were
not disclosed.
The sale is expected to close in the third quarter of 2016,
subject to standard regulatory approvals.
About Emerald
Emerald produces and markets technologically advanced specialty
chemicals for a broad range of food and industrial applications.
Its products play a variety of roles in the products that are
consumed and used every day enabling them to last longer, look,
smell, taste or perform better. EmeraldĀ® products are used in
aerospace, food, beverages, cosmetics, toothpaste, household
products, paint, tires, automobiles, sports gear and many other
applications. Emerald has four business units, nine operations and
approximately 800 employees. To learn more about Emerald, please
visit www.emeraldmaterials.com.