AMSTERDAM — Nouryon has completed its previously announced acquisition of the carboxymethyl cellulose (CMC) business of J.M. Huber Corp. The transaction will significantly broaden Nouryon’s portfolio of products in CMC, a sustainable, bio-based water-soluble polymer used as a thickener, binder, stabilizer and film former.
The acquisition underlines Nouryon’s strategy of investing to develop a leading position in attractive growth markets. CMC is used in a broad range of end markets, including home and personal care, buildings and infrastructure, food, pharmaceuticals, and packaging.