SINGAPORE/LEVERKUSEN, Germany - German specialty chemicals group LANXESS has acquired Singapore-based biocides producer PCTS Specialty Chemicals Pte. Ltd.
The acquisition makes LANXESS a leading supplier of biocides for coatings in the Asia-Pacific region. LANXESS will gain access to a portfolio of biocides and will benefit from PCTS’ product expertise and know-how in coatings. PCTS specializes in biocides for environmentally friendly water-based paints that meet stringent health, safety and environmental standards.