Mallard Creek Polymers (MCP) has signed an agreement with Michelman to acquire the intellectual property of the Michelman subsidiary, Ecronova Polymer.
Short-term, Mallard Creek Polymers will offer a limited number of products based on Ecronova recipes and knowhow from several manufacturing partners in Europe. Long-term, Mallard Creek Polymers plans to reestablish the broad product line for customers across Europe, add its North American products to the European portfolio, and introduce Ecronova grades for customers in North America.
Mallard Creek Polymers general manager and vice president Thayne Hansen said: "We are pleased to add Ecronova's product and process technology to our portfolio.
"Our technology heritage stems from Unocal, Rohm and Haas, and Dow Reichhold Specialty Latex, as well as Mallard Creek's collaboration with customers.”
Headquartered in Charlotte, North Carolina, Mallard Creek Polymers has nearly 60 years of experience in emulsion polymers across many product types – styrene-butadiene, styrene-acrylic, pure acrylic, vinyl acetate, nitrile elastomers.
Mallard Creek Polymers is a wholly-owned subsidiary of the Parekh Capital Group, which invests in and nurtures companies that have strong collaborative relationships with customers.
MCP is dedicated to meeting customer needs with a growing line of synthetic emulsion polymers and unparalleled customer focus.
MCP offers a diverse line of water-based emulsions including styrene butadiene, acrylic, styrene acrylic, and other specialty latex products to both domestic and international customers from the MCP facility in Charlotte, North Carolina and from its network of collaborative manufacturing partners.
MCP is a privately held specialty chemical company dedicated to innovation, quality, service, and sustainability with products for the adhesives, nonwovens, paint & coatings, graphic arts, printing & packaging, textiles, carpet, sealants, construction, oil services, and paper.
Source: Company Press Release