J.M. Huber Corp. has made another flame retardants deal, this time acquiring Safire-brand technology from Floridienne Group for an undisclosed price.
In a June 15 news release, officials with Edison, N.J.-based Huber said that their goal is to take the Safire technology, integrate it with their own halogen-free portfolio and rapidly develop a line of commercial products.
The acquisition “gives Huber the opportunity to work in a new category with nitrogen and phosphorous flame retardants,” fire retardant additives vice president Jerry Bertram said in the release. Huber made the acquisition via its Huber Engineered Materials unit, which is based in Atlanta.
It's the third deal in five years for the unit, following the 2010 purchase of the Kemgard flame retardant business from Sherwin-Williams Corp. and the 2012 acquisition of a flame retardant business from Almatis. The unit's flame retardants are sold into a wide range of thermoplastic, thermoset and rubber applications.
Floridienne is based in Waterloo, Belgium, and produces materials for the chemicals, food and life sciences markets. Its plastics-related products include a line of PVC stabilizers. Floridienne had made flame retardants through its Catena Additives unit.