Textile News- Jain Chem Acquires Ulterion International
Taylors, S.C.-based Jain Chem Ltd. a manufacturer of specialty chemicals, polymers and coatings has acquired Braselton, Ga.-based Ulterion International Inc. a developer and supplier of high-performance functional polymers, water-based coatings for sustainable packaging applications, specialty chemicals for denim and apparel processing, and flame retardants for textile and paper applications. Ulterion will operate as a wholly owned subsidiary of Jain Chem, and will market and supply its polyethylene terephthalate-based resin technology, coatings, polyester polyols and flame retardants for a range of industrial applications.
The combination of Jain Chem and Ulterion products will form the basis for stronger sales to worldwide markets, said Manoj Jain, executive vice president, Jain Chem.
January 21, 2011