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| GEO Specialty Chemicals Inc has obtained approval to expand the capacity of their DMPA® Dimethylolpropionic Acid facility located in Allentown, PA | GEO Specialty Chemicals Inc has obtained approval to expand the capacity of their DMPA® Dimethylolpropionic Acid facility located in Allentown, PA | | |
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| Naphthalene Sulfonate Products Price Increase Jan 1, 2013 |
GEO Specialty Chemicals has announced a price increase on liquid and powder naphthalene sulfonate products to be effective January 1st 2013 or as contracts permit. The increase reflects the impact of higher raw material, energy and environmental costs that have been absorbed during the year.
GEO Specialty Chemicals continues to works diligently to produce innovative materials. We focus on meeting our customer’s expectations for high value additives to be used in their product offerings. As always, we thank you for your business and your support. Please contact me or your sales representative if you have any questions.
Sincerely,
John Rizol
Global Sales Manager
Specialty and Construction Chemicals | | |
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| Glycine Price Increase January 1, 2013 |
GEO Specialty Chemicals, Inc. announces a price increase on glycine necessitated by increased production costs as well as higher raw materials costs. Effective January 1st 2013, the price of glycine will increase 5-7% as contracts allow, all other terms and conditions will remain the same. GEO Specialty Chemicals, Inc. continues to offer all of the value-added services you have become accustomed to and to supply the highest quality products available in the industry.
As always, we thank you for your business and your support.
Please contact Dan Hughes at 267 960 7909 if you have any questions.
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| DMPA® Price Increase Jan 1, 2013 |
Dear Customer,
GEO Specialty Chemicals, Inc. announces a price increase on DMPA® Dimethylolpropionic Acid. The price increase is necessitated by increased productions costs coupled with the continued high cost of our raw materials costs. Therefore, with effect from January 1st 2013, the price of DMPA® Dimethylolpropionic Acid will increase $0.12/lb in the US, €0.20/kg in the EU and $0.26/kg in Asia, as contracts permit, all other terms and conditions remaining the same. GEO Specialty Chemicals, Inc. continues to offer all of the value-added services you have become accustomed to and to supply the highest quality products available in the industry. As always, we thank you for your business and your support. Please contact me or your sales representative if you have any questions.
Sincerely,
Richard Beardsall
Global Sales Manager, Paints & Coatings
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| DMPA® Price Increase on May 1st 2012 |
Dear Customer,
GEO Specialty Chemicals, Inc. announces a price increase on DMPA® Dimethylolpropionic Acid. The price increase is necessitated by increased raw material costs that cannot be absorbed. Therefore, with effect from May 1st 2012, the price of DMPA® Dimethylolpropionic Acid will increase $0.10/lb / €0.17/kg as contracts permit, all other terms and conditions remain the same. GEO Specialty Chemicals, Inc. continues to offer all of the value-added services you have become accustomed to and to supply the highest quality products available in the industry. As always, we thank you for your business and your support. Please contact me or your sales representative if you have any questions.
Sincerely,
Richard Beardsall
Global Sales Manager, Paints & Coatings | | |
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| American Coatings SHOW 2012 (Booth #335) - Indianapolis May 8-10 |
Come and visit us (booth #335) at the American Coatings SHOW 2012 in Indianapolis May 8-10!
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| GEO Announces Acquisition of Polymer Research Corporation (PRC) |
Effective today GEO has completed the acquisition of PRC, a manufacturer of specialty polymers used primarily as coagulants and flocculents in treating waste, drinking and industrial water. PRC will join GEO’s Water Treatment division and will represent a significant extension of GEO’s UltraFloc product category and allow access to new markets and distribution channels.
PRC, started in 1993, has twenty employees and operates a facility in Centreville, Miss., that produces organic polymers, including polydadmac and epiamine products. The acquisition will broaden GEO’s product offering providing GEO’s customers with chemicals that can treat larger quantities of water with lower dosages for a wider spectrum of difficult applications.
Organic polymer usage is one of the fastest growing segments in water treatment. The PRC acquisition will drive GEO’s revenues in this sector of the market.
This is the second acquisition GEO has completed this year.
Please join me in welcoming the PRC team into the GEO organization.
December 8, 2011 | | |
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| Acquisition Effective September 1st, 2011 |
Effective September 1st 2011, we are excited and pleased to announce we have closed on our acquisition of the Hydroxy Monomer business from BASF/Cognis. This acquisition has a strong strategic fit with GEO's existing Paints and Coatings business. It will significantly expand our product portfolio for our customers, and enhances our presence in water born chemistry. In addition there is the potential expansion of GEO's product offering in the lubricants market. This acquisition includes a superb facility in Hythe England which will broaden our manufacturing and research and development capability. This additional manufacturing expertise can potentially produce products to support other GEO business units and leverage our ability to support our European customer base. The R&D facility and pilot plant will enable us to develop new products for all our businesses and reduce the cycle time of getting those products to market in support of our customer base.
We would like to welcome all the Hythe employees to GEO Specialty Chemicals. We feel this is an exciting time for the company and look forward to all the contributions you will bring to GEO.
Finally I would like to thank all the GEO and Hythe employees who have spent a significant amount of time making sure that from day one all systems and processes were in place to make this transition as smooth as possible.
Ken Ghazey President & CEO GEO Specialty Chemicals, Inc. | | |
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| Hyonic® Price Increase on August 15, 2011 |
GEO Specialty Chemicals, Inc. announces a price increase on all grades of Hyonic® foaming agents. The price increase is necessitated by increased raw material costs that cannot be absorbed. With this in mind, prices for all grades of GEO’s Hyonic® foaming agents, must increase.
Effective, August 15, 2011, the following price increase will take effect:
-All grades of Hyonic® foaming agents will increase $0.04/lb.
*As contracts permit, all other terms and conditions remain the same.
All orders shipped after that date will incur the new price. All other terms and conditions of sale will remain the same.
GEO Specialty Chemicals, Inc. continues to offer all of the value-added services you have become accustomed to, and to supply the highest quality products available in the industry.
As always, we thank you for your business and your support. Please contact me or your sales representative if you have any questions.
Sincerely,
Bill Mahoney
Marketing Manager
Construction & Industrial | | |
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| GEO Specialty Chemicals erwirbt Bisomer-Monomer-Geschäft von BASF in Großbritannien |
 
Gemeinsame Presseinformation
GEO Specialty Chemicals erwirbt Bisomer-Monomer-Geschäft von BASF in Großbritannien
Lafayette, Indiana, und Ludwigshafen, Deutschland – 3. Juni 2011 – GEO Specialty Chemicals Inc. und BASF haben eine Vereinbarung getroffen über den Verkauf des Bisomer-Monomer-Geschäfts (Hydroxymethacrylate, multifunktionelle Methacrylate und Addukte) sowie des konventionellen Kontaktlinsengeschäfts von Cognis UK. Die Transaktion umfasst Produktionsanlagen in Hythe, Großbritannien, zur Herstellung von Hydroxymethacrylaten, multifunktionellen Methacrylaten und Addukten sowie von Polyalkylenglykolen (PAG) und auf PAG-basierenden Schmierstoffen. Voraussichtlich werden 140 Beschäftigte zum neuen Eigentümer GEO Specialty Chemicals UK Limited übertreten.
BASF und GEO haben vereinbart, keine finanziellen Details der Transaktion bekannt zu geben. Der Verkauf steht unter dem Vorbehalt der Zustimmung der EU-Kommission. Das Closing wird im dritten Quartal des Jahres 2011 erwartet.
„Diese Akquisition ist eine wichtige strategische Ergänzung unseres Farben- und Lacke-Geschäfts und stärkt unsere globalen Produktions- und Forschungskapazitäten deutlich“, sagte Kenneth A. Ghazey, Geschäftsführer von GEO.
BASF hatte sich gegenüber der Europäischen Kommission verpflichtet, das Hydroxy-Monomer-Geschäft im Nachgang der im Dezember 2010 abgeschlossenen Cognis-Akquisition zu veräußern. BASF wird die in Hythe hergestellten Polyalkyleneglykole und auf PAG-basierenden Schmierstoffe über einen langfristigen Liefervertrag von GEO beziehen.
Hydroxymonomere sind Zwischenprodukte, die überwiegend in hochwertigen Autolacken und Hochglanz-Produktlacken sowie für die industrielle Endfertigung verwendet werden.
Über GEO Specialty Chemicals
Das Privatunternehmen GEO Specialty Chemicals Inc. wurde 1993 gegründet und produziert Spezialchemikalien für Nischenmärkte. Das Unternehmen umfasst die drei Geschäftsbereiche Water Treatment (Wasseraufbereitung), Paints & Coatings (Farben & Lacke) und Construction & Industrial (Bau & Industrie) und betreibt 18 Produktionsanlagen. Weitere Informationen zu GEO unter www.geosc.com.
Über BASF
BASF ist das führende Chemie-Unternehmen der Welt: The Chemical Company. Das Portfolio reicht von Chemikalien, Kunststoffen und Veredlungsprodukten bis hin zu Pflanzenschutzmitteln, Feinchemikalien sowie Öl und Gas. Als zuverlässiger Partner hilft die BASF ihren Kunden in nahezu allen Branchen, erfolgreicher zu sein. Mit hochwertigen Produkten und intelligenten Lösungen trägt die BASF dazu bei, Antworten auf globale Herausforderungen wie Klimaschutz, Energieeffizienz, Ernährung und Mobilität zu finden. Die BASF erzielte 2010 einen Umsatz von circa 63,9 Milliarden € und beschäftigte am Jahresende rund 109.000 Mitarbeiterinnen und Mitarbeiter. Die BASF ist börsennotiert in Frankfurt (BAS), London (BFA) und Zürich (AN). Weitere Informationen zur BASF im Internet unter www.basf.com und unter newsroom.basf.com.
Kontakt:
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| GEO Specialty Chemicals to Acquire UK Based Bisomer Monomer Business from BASF |
Joint news release
GEO Specialty Chemicals to Acquire UK Based Bisomer Monomer Business from BASF
Lafayette, Indiana and Ludwigshafen, Germany – June 3, 2011 – GEO Specialty Chemicals, Inc. has entered into an agreement with BASF to acquire the Bisomer monomer business (hydroxy methacrylates, multifunctional methacrylates (MFM) and specialty adducts) and conventional contact lens business of Cognis UK. The transaction includes a manufacturing facility in Hythe, England that produces hydroxy methacrylates, multifunctional methacrylates (MFM) and specialty adducts, polyalkylene glycols (PAG) and PAG-based lubricants. As a part of the transaction, approximately 140 employees are expected to transfer to the new owner, GEO Specialty Chemicals UK Limited.
BASF and GEO have agreed not to announce the terms of the transaction. The divestiture is subject to approval by the EU Commission. Closing of the transaction is expected in the third quarter of 2011.
“This acquisition represents an important strategic addition to GEO's Paints & Coatings business group and it significantly expands our global manufacturing and R&D capabilities,” said Kenneth A. Ghazey, Chief Executive Officer of GEO.
BASF committed to the European Commission to divest the Hydroxy Monomer business assets following its December 2010 acquisition of Cognis. In connection with the transaction, BASF has agreed to purchase from GEO PAG and PAG-based lubricants manufactured at the Hythe site under a long term supply agreement.
Hydroxy monomers are intermediates that are primarily used in high performance automotive paints and high-gloss product lacquers, and in industrial finish applications.
About GEO Specialty Chemicals
GEO Specialty Chemicals, Inc., a privately owned company founded in 1993, is a producer of specialty chemicals, targeting niche markets. The Company has three divisions, which include Water Treatment, Paints & Coatings and Construction & Industrial, and operates eighteen manufacturing facilities. More information on GEO can be found at www.geosc.com
About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of about €63.9 billion in 2010 and had approximately 109,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com or in its Social Media Newsroom at newsroom.basf.com.
Contact:
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| TRIMET® TME Price Increase on July 1, 2011 |
Dear Customer,
GEO Specialty Chemicals, Inc. announces a price increase on TRIMET® TME Trimethylolethane. The continued tightness in methanol supply and other raw materials price increases have lead to increased costs that cannot be absorbed. Therefore, with effect from Jul 1st 2011, the price of TRIMET® TME Trimethylolethane will increase $0.05/lb / €0.08/kg as contracts permit, all other terms and conditions remain the same. GEO Specialty Chemicals, Inc. continues to offer all of the value-added services you have become accustomed to and to supply the highest quality products available in the industry. As always, we thank you for your business and your support. Please contact me or your sales representative if you have any questions.
Sincerely,
Richard Beardsall
Global Sales Manager, Paints & Coatings
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| DMPA® Price Increase on July 1, 2011 |
Dear Customer,
GEO Specialty Chemicals, Inc. announces a price increase on DMPA® Dimethylolpropionic Acid. The continued tightness in methanol supply and other raw materials price increases have lead to increased costs that cannot be absorbed. Therefore, with effect from Jul 1st 2011, the price of DMPA® Dimethylolpropionic Acid will increase $0.16/lb / €0.25/kg as contracts permit, all other terms and conditions remain the same. GEO Specialty Chemicals, Inc. continues to offer all of the value-added services you have become accustomed to and to supply the highest quality products available in the industry. As always, we thank you for your business and your support. Please contact me or your sales representative if you have any questions.
Sincerely,
Richard Beardsall
Global Sales Manager, Paints & Coatings
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| GEO SPECIALTY CHEMICALS, INC. ANNOUNCES IT IS EXPLORING FINANCING ALTERNATIVES | April 29, 2011 - GEO Specialty Chemicals, Inc. (“GEO”) announced today that it is exploring financing alternatives in conjunction with a potential acquisition. GEO’s total debt balance at the end of March 2011 was approximately $100 million. As part of the financing, GEO plans to refinance its existing Fixed Rate Senior Secured Notes which have a current balance of approximately $47 million. GEO is working with Goldman Sachs to explore the financing alternatives. GEO Specialty Chemicals, Inc., a privately owned company founded in 1993, is a producer of specialty chemicals, targeting niche markets. The Company has three divisions, which include Water Treatment, Paints & Coatings and Construction & Industrial, and operates eighteen manufacturing facilities. Some of the statements contained in this press release are forward-looking in nature, including, but not limited to, GEO’s intent to pursue financing alternatives, GEO’s interest in a potential acquisition and other actions to be taken by GEO in the future. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual actions taken by GEO to differ materially from the information contained in these forward-looking statements. The forward-looking statements are based on information currently available to GEO and speak only as of the date of this press release. You are cautioned not to place undue reliance on these forward-looking statements. In addition, GEO is under no duty to update these forward-looking statements due to new information or as a result of future events. | | |
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| Calcium Stearate Price increase May 1, 2011 |
April 15, 2011
Dear Customer,
GEO Specialty Chemicals will increase the price on all calcium stearate products effective May 1, 2011, at all accounts, as contracts allow. The price increase is necessitated by increased costs that cannot be absorbed. The price of the key raw material, BFT, is at all time highs.
BFT is also used in the biodiesel industry, creating significant demand pressure. All fats and oils are trading at unprecedented levels. BFT price is forecasted to continue to rise throughout 2011. BFT is currently trading at more than twice the average price of 2009.
Effective May 1, 2011, the following price increase will take effect:
-All grades of calcium stearate dispersions will increase $0.06/lb.
All orders shipped after that date will incur the new prices. All other terms and conditions of sale will remain the same.
I thank you for your business, and continued support of GEO. Please contact me or your sales representative if you have any questions.
Bill Mahoney
Marketing Manager
Construction & Industrial Division
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| Naphthalene Sulfonate Price Increase on March 15, 2011 |
GEO Specialty Chemicals announces a price increase on all naphthalene sulfonate products effective March 15, 2011, at all accounts, as contracts allow. The price increase is necessitated by increased raw material, energy and transportation costs that can no longer be absorbed.
As always, we recognize that accepting price increases is difficult. However, GEO is unable to absorb cost increases of this magnitude. GEO will raise prices as follows:
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Naphthalene Sulfonate Grades* |
Price Increase |
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Liquid Products |
$0.03/lb |
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Powder Products |
$0.05/lb |
All orders shipped on or after March 15th will incur the new prices. All other terms and conditions of sale will remain the same.
I thank you for your business, and continued support of GEO. Please contact me or your sales representative if you have any questions.
Sincerely,
Bill Mahoney
Marketing Manager
Construction & Industrial Division
* Including brands such as: Diloflo®, GEOwet, Daxad, Lomar®, Tanasol and others
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| Hyonic Price Increase on January 1, 2011 |
Dear Customer,
GEO Specialty Chemicals, Inc. announces a price increase on all grades of Hyonic® foaming agents. The continued tightness in alcohol supply and recent price increases have lead to increased costs that cannot be absorbed. With this in mind, prices for all grades of GEO’s Hyonic® foaming agents, must increase: Effective, January 1, 2011, the following price increase will take effect: -All grades of Hyonic® foaming agents will increase $0.03/lb. *As contracts permit, all other terms and conditions remain the same. GEO Specialty Chemicals, Inc. continues to offer all of the value-added services you have become accustomed to and to supply the highest quality products available in the industry. As always, we thank you for your business and your support. Please contact me or your sales representative if you have any questions.
Sincerely,
Bill Mahoney
Marketing Manager Construction & Industrial
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