Niacet purchases sodium diacetate business from Jungbunzlauer
25th October 2018
Niacet has purchased Jungbunzlauer’s sodium diacetate business. Jungbunzlauer made the decision to sell this portion of the business to focus their portfolio on materials produced by fermentation from renewable raw materials. The agreement with Niacet takes effect immediately.
“This purchase from Jungbunzlauer fits perfectly with Niacet’s core business, as we have more than 70 years invested in the acetate market,” said Pieter Paul Lamers, Managing Director at Niacet. “Our products can be found in the food, pharmaceutical, animal nutrition and technical market sectors and this purchase further increases our leading market position.”
Niacet currently services its customers through facilities in Tiel, the Netherlands and its corporate headquarters in Niagara Falls, NY, USA. The firm recently opened a Singapore location as well.