11.16.11
ICL Performance Products, a leading global specialty phosphate producer, has announced that it has acquired Halox, a division of Hammond Group, Inc. Halox, a Hammond, IN-based company, is an industry leader in specialty phosphate-based, corrosion inhibitor products for the paint and coatings industry, which are sold under the Halox brand name.
“Halox is a highly respected leader in the market for corrosion-resistant coatings with an outstanding reputation for quality and service,” said James Moffatt, president of ICL Performance Products LP (Americas). “This acquisition will extend our technical phosphate specialties offerings for the paints and coatings sector while expanding our operations in the Americas, thereby strengthening our position as a global leader in the specialty phosphates industry.”
The acquisition includes Halox’s R&D activities and manufacturing assets, as well as Halox’s extensive distribution network for its phosphates-based products. Halox will operate as a division of ICL Performance Products LP.
“Halox is a highly respected leader in the market for corrosion-resistant coatings with an outstanding reputation for quality and service,” said James Moffatt, president of ICL Performance Products LP (Americas). “This acquisition will extend our technical phosphate specialties offerings for the paints and coatings sector while expanding our operations in the Americas, thereby strengthening our position as a global leader in the specialty phosphates industry.”
The acquisition includes Halox’s R&D activities and manufacturing assets, as well as Halox’s extensive distribution network for its phosphates-based products. Halox will operate as a division of ICL Performance Products LP.