THE WHAT? Innospec has introduced that it has acquired QGP Quimica. Monetary phrases of the deal weren’t disclosed.

THE DETAILS Innospec will combine QGP into its Efficiency Chemical compounds enterprise. “We’ve been extremely impressed by QGP’s founders who’ve constructed a number one specialty chemical firm backed by glorious customer support, innovation and technical help just like our personal,” stated Patrick S. Williams, President and CEO of Innospec. “The product growth and manufacturing capabilities of QGP complement each Efficiency Chemical compounds end-market that we serve together with Private Care, Agriculture, Dwelling Care, Industrial Chemical compounds, Building and Mining.”

THE WHY? The Brazilian specialty chemical substances agency Innospec now has a significant manufacturing, customer-service and product growth base in South America which is without doubt one of the largest and most vital international markets for all Innospec applied sciences. QGP additionally provides new surfactant and different specialty chemistries to Innospec’s international portfolio in vital progress markets, resembling Agriculture.