ATLANTA — Bakelite Synthetics has completed its previously announced acquisition of Georgia-Pacific’s chemicals business (Georgia-Pacific Chemicals). With this acquisition, Bakelite Synthetics adds to its portfolio of products, brands and customers, as well as building on its growth strategy of delivering innovative solutions to customers in a sustainable manner. Georgia-Pacific Chemicals brings with it complementary resin and formaldehyde technology and end markets in the building materials, transportation, industrial, chemical intermediate and specialty resins space. The acquisition includes 11 chemical facilities employing approximately 600 people in the United States and South America.

“We are excited about the opportunities that will result from the combined strengths of the two companies,” said JP Aucoin, CEO of Bakelite Synthetics. “This acquisition enables us to deliver greater value to our customers through a broader product offering and expanded geographic reach. It also enables us to deliver on significant organic growth with the strong tailwinds in U.S. residential construction. Lastly, we look forward to welcoming Georgia-Pacific Chemicals’ associates to Bakelite Synthetics as we bring both organizations together with a rich history of customized product development and customer service.”