Performance Additives acquired on February 1st, 2011 the DTC (Dithiocarbamate) and TBzTD (Tetrabenzyl thiuramdisulfide) businesses from Solutia Inc., Saint Louis.
For the Behn Meyer Group it is another successful step towards vertical integration of its business.
For Performance Additives' Rubber Chemical business, this is a quantum leap into expanding its worldwide portfolio for the rubber and latex industry.
The acquisition includes a state of the art manufacturing plant in Termoli, Italy. With its existing facilities in Malaysia and a plant coming on stream in North America, Performance Additives will be globally positioned on three continents, an almost unique position for a specialty chemical manufacturer.
The European Company will be operating under the name of "Performance Additives Italy, S.P.A."
