Pressure Chemical Co. Acquired by Novopor Advanced Science Private Limited to strengthen global specialty chemical
Novopor Advanced Science, backed by Bain Capital, is a contract development and manufacturing organisation. The company recently acquired Pressure Chemical Company (PCC), a US-based firm. The company specialises in high-pressure and specialty chemistry. With this strategic acquisition, the aim is to create a platform that combines early-stage development capabilities with large-scale manufacturing.
PCC, a Minafin Group affiliate, was founded in 1964 in Pittsburgh. The company has over 60 years of experience in polymerization, alkoxylation, and pilot-scale manufacturing. Bringing a highly experienced and skilled team with a strong customer relationship that will help to integrate Novopor’s platform.
Chief Executive Officer of Novopor, Radhesh Welling, said, “Together, we will invest in expanding our facility footprint, enhance our capabilities in complex chemistries, and create seamless access to large-scale fine and specialty manufacturing.”
The acquisition is expected to drive further investments to expand Novopor’s facilities. It will boost the technical capabilities and also offer customers streamlined access to specialty chemical manufacturing. This gives Novopor an edge to serve clients better in the pharmaceuticals, advanced materials, and performance chemicals. Delivering solutions to clients from early-stage development to commercial-scale production.
Novopor aims to enhance the complex chemical solutions by integrating PCC’s specialised infrastructure and knowledge. This will help the to meet the growing demand of the specialty chemicals in the industry. The acquisition highlights the dedication of Novopor towards innovation and excellence in the specialty chemicals sector.
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