12/21/2015

Chemische Fabrik Budenheim KG, Budenheim

Budenheim signed an agreement to transfer certain activities

Chemische Fabrik Budenheim KG and Imerys Graphite & Carbon Ltd., a company of Imerys S.A., had signed an agreement to transfer certain activities related to Imerys’ Hot Metal Forming business on December 17, 2015. The agreement covers the lubricants and descaling agents marketed under the Rollit brand. To ensure product deliveries without any interruption Imerys will continue to supply related products to Budenheim for a transitional period. Afterwards Budenheim will serve the markets out of its global production facilities.


“With this step Budenheim will further strengthen its position as the manufacturer and seller of hot metal forming lubricants for the seamless tube industry. It will combine the strengths of both product portfolios in offering best-in-class mandrel bar lubricants and descaling agents. This acquisition is in line with our long-term strategy to be an innovative company in the specialty chemicals industry by providing compelling, high-quality products with leading technology.", said Dr. Harald Schaub, CEO at Budenheim.


And Dr. Stefan Lihl, Budenheim’s CCO adds: "The consolidated business will be ideally positioned to service customers on site with in-depth technical expertise globally. Budenheim is exited to welcome the new employees within our team."


Chemische Fabrik Budenheim KG, Budenheim