Following its recent purchase of a major producer of methyl ethyl ketone peroxides in North America, Syrgis Performance Products has renamed the Norac organic peroxides business units in the United States to Syrgis Performance Initiators Inc., and in Europe to Syrgis Performance Initiators AB.

The acquisition is expected to add more than $50 million in annual revenue to the Syrgis group. In addition to manufacturing and distribution facilities in Sweden and Helena, Ark., Syrgis acquires the considerable technical, sales, and manufacturing staff, support and services with the purchase. The acquisition of this organic peroxides line also brings an extensive distribution network in the United States with companies like Composites One, North American Composites, and Ashland Distribution.

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