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Stock impact report

CC Industries Announces Acquisition of Foremark Performance Chemicals [Yahoo! Finance]

HEIDELBERGCEMENT UNSP/ADR (HDELY) 
NASDAQ:AMEX Investor Relations: heidelbergcement.com/en/investor-relations
Company Research Source: Yahoo! Finance
CHICAGO, April 25, 2024 BUSINESS WIRE )--Affiliates of CC Industries, Inc. ("CCI") announced today they acquired Foremark Performance Chemicals ("Foremark" or the "Company") from SK Capital Partners ("SK Capital"). Foremark is a leading, vertically integrated producer of proprietary natural gas sweeteners, chemical building blocks, and slow-release fertilizers. This acquisition expands CCI's portfolio of industry-leading businesses into specialty chemicals. "Foremark is an outstanding business with a proven ability to develop innovative products for customers and adapt to market demands," said Bill Crown, President and Chief Executive Officer of CCI. "We are delighted to add Foremark to our family of long-held operating companies." Headquartered in League City, Texas, Foremark operates a state-of-the-art, highly automated, and vertically integrated facility serving natural gas service companies primarily in North America and petrochemical customers in the US Gulf Coast. The Compa Show less Read more
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