Haltermann joins Ascot
15 Jan 2000
Ascot, parent of Chemoxy and Pentagon chemicals, is acquiring the custom contractor Haltermann Group to create the largest independent custom chemical processing business in the world.
The acquisition of German-based Haltermann for £90 million gives enlarged Ascot a global capacity of 500,000 tpa for contract manufacture and distillation of petrochemical and speciality chemicals. Ascot's facilities can now be found in Teesside, Antwerp, Hamburg, Speyer, and Houston.
Haltermann's expertise in functional solvents and innocuous esters fits well with Chemoxy's range of low toxicity solvents, Estasol, Coasol and Estisol.
All three companies have recently commissioned extra processing capacity. Haltermann expanded fractionation and reaction in Antwerp and Houston, Chemoxy installed an esterification facility in Teesside, and Pentagon brought on-line a glass-lined reactor in Workington, UK.
