Chem-Trend (Howell, Mich.) a producer of release agents, purging compounds and other ancillary molding products, has acquired Huron Technologies Inc. (Leslie, Mich.) a maker of customized mold release agents and related products for multiple molding applications.
The full product line from Huron Technologies includes release agents, mold conditioners, cleaners and flushes. The deal provides additional product technology, manufacturing and process know-how, raw material sources and customer segments to Chem-Trend.
“This acquisition will help us strengthen our product offering to the polyurethane industry while providing us with unique growth opportunities into other segments, such as friction products and concrete molding,” says Chem-Trend President and CEO Devanir Moraes. “By adding the products of Huron Technologies to Chem-Trend, we will provide end users and distribution partners with a more comprehensive range of release systems and complementary molding process aids that create even greater value, efficiency and productivity.”
By combining the breadth of the two companies’ release agent technologies and product lines, Chem-Trend says it will be in a stronger position to help customers protect their tooling investment, maximize operational productivity and improve part quality.