COIM SpA has made another significant addition to it’s wholly owned subsidiary, COIM USA Inc. of West Deptford, New Jersey.
COIM SpA has made another significant addition to it’s wholly owned subsidiary, COIM USA Inc. of West Deptford, New Jersey. This time, we have acquired the Philadelphia, Pennsylvania-based Inolex Chemical Company’s Lexorez® and Lexad® polyester polyols used in the manufacture of polyurethane flexible foam, coatings, adhesives, sealants and elastomer industries. The transaction closed on 29th November, 2008.
“We are very proud of this new mile-stone as it is a further indication of COIM’s world-wide commitment to the polyurethane industry “ – stated Paul van der Pol – Vice President and GM of Coim USA Inc – in a joint communication, and added: “ Our new and state-of-the-art manufacturing facility in West Deptford, New Jersey will support both the existing Diexter Polyester Polyol line and the acquired Inolex business for its commercial sales as well as value-added down-stream product lines”