Michelman Acquires the Rest of Michelman Asia-Pacific
September 1, 2005
CINCINNATI - Michelman has acquired the 50% interest in Michelman Asia-Pacific Pte. Ltd. held by Drex-Chem Industries Pte. Ltd. Michelman Asia-Pacific, which opened in 1997 in Singapore as a 50/50 joint venture between Michelman and Drex-Chem Industries, established a regional manufacturing facility for Michelman performance additives and coatings. The JV enabled Michelman to begin regional operations, develop an Asian strategy and grow sales.