Sunday, February 7, 2016

PMC Group to buy business unit from Arkema

The Mount Laurel performance chemicals maker will acquire Arkema's tin stabilizer business, which has annual sales of about $220 million.

PMC Group to buy business unit from Arkema


Mount Laurel-based PMC Group agreed to acquire the tin stabilizer business of Arkema, a French chemical company.

In a statement, Arkema said that the business, which makes products used in the manufacture of PVC and by automobile companies, generates about $220 million in sales. The business employs 234 people at four locations, including Carrollton, Ky., and Mobile, Ala.

Terms of the sale, which is expected to occur this fall, were not disclosed.

PMC is a privately held company that makes performance chemicals and plastics. Founded in 1994 by a former technology chief at PPG Industries, PMC has completed several acquisitions in recenty years, including the purchase of a chemicals business from Chemtura Corp., which is based in Center City.

Inquirer Columnist
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy: comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
comments powered by Disqus
About this blog
Mike Armstrong blogs about Philadelphia corporations and business-related topics. Contact him at 215-854-2980. Reach Mike at

Mike Armstrong Inquirer Columnist
Also on
letter icon Newsletter