PMC Group Acquires BASF’s Clerol® and Biospumex® Defoamers Business

  PMC Group Acquires BASF’s Clerol® and Biospumex® Defoamers Business

Business Wire

MOUNT LAUREL, N.J. -- November 30, 2012

PMC Ouvrie SAS, a wholly owned subsidiary of PMC Group, announced today that
it acquired BASF’s Global Food and Fermentation Defoamer Business on November
29, 2012. The products involved are trademarked Clerol® ^  and Biospumex^®,
used in the production of bioethanol, amino acids, starch, sugar, as well as
in food productions. Commenting on this acquisition, Mr. Christian Reuland,
Vice President of PMC Group France and General Manager of PMC Ouvrie, said
that this acquisition reinforces PMC Ouvrie’s already strong global positions
in various segments of specialty defoamers and process aids.

The terms of the deal were not disclosed.

About PMC Ouvrie

PMC Ouvrie is a premiere producer of specialty defoamers and process aids
serving the Sugar, Fermentation, Food, Water Treatment, Automotive, Building,
Mining, and Pulp and Paper industries. With its phenomenal growth over the
last several years, the company moved its manufacturing and corporate offices
from Lesquin, France to a newly built modern plant in Carvin, France in 2011.
Carvin is located beside the highway of Paris to Lille. PMC Ouvrie prides in
providing exceptional products and customized solutions to its customers.

About PMC Group

PMC Group (PMC) is a growth oriented, diversified, global chemicals and
plastics company dedicated to innovative solutions to everyday needs in a
broad range of end markets including plastics, consumer products, energy,
electronics, paints, packaging, personal care, food, automotive and
pharmaceuticals. The Company was built on a sustainable model of growth
through innovation while promoting social good. PMC’s manufacturing and
marketing operations are spread over the Americas, Europe, and Asia.
Commenting on the group’s continuing growth PMC Group Founder and Chairman,
Dr. Paritosh M. Chakrabarti, said that this has been a good year for the
Group. In October this year it announced acquisition of Arkema’s global
organometallics business (2011 sales $250 million).

Contact:

for PMC Group
Justin Windheim, 215-875-4366
jwindheim@stargroup1.com
 
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