LANXESS acquires biocide specialist PCTS

LANXESS has acquired Singapore-based PCTS Specialty Chemicals Pte. Ltd. Through the acquisition, LANXESS is now one of the leading suppliers of biocides for paints and coatings in the rapidly-growing Asia-Pacific region. LANXESS will gain access to a complementary portfolio of biocides and will benefit from PCTS’ highly-recognised product expertise and know-how in paints and coatings. PCTS specialises in biocides for environmentally friendly water-based paints that meet stringent health and safety, as well as environmental standards. Biocides prevent the deterioration and discolouring of the paints caused by micro-organisms.

PCTS employs about 20 people at modern production and laboratory facilities close to LANXESS Singapore headquarters. PCTS will be integrated into the LANXESS business unit Material Protection Products (MPP), which belongs to the company’s Performance Chemicals segment. www.lanxess.com