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Octel Corp. Announce Acquisition of Aroma & Fine Chemicals Limited
NEWARK, DELAWARE, August 26, 2004 - Octel Corp. (NYSE: OCTL) today announced that it has acquired Aroma & Fine Chemicals Limited (AFC) located in Widnes, Cheshire, UK.
President and Chief Executive Officer of Octel Corp., Dennis Kerrison, said: "The acquisition of this well managed and profitable additives company supports our strategic intent to enhance our specialty chemicals business in areas that provide opportunities for growth and technology development. AFC's strong technology and manufacturing base supports the production of sophisticated, highly consistent products over a multistage process and will complement our global Performance Chemicals business in a growing market where it is becoming well established."
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CONTINUITY FOR OUR CUSTOMERS We will continue to provide the levels of service and technical expertise you have long been accustomed to receiving.
Accurate formulations. Prompt deliveries. Assurance of quality. Continuing innovation and all the technological support you could ever ask for.
CONTINUITY FOR OUR SUPPLIERS It means business as usual - and in the longer term, even better business. The aim of Aroma & Fine Chemicals is not just continuity but Continuity-Plus.
Our intention is to move ahead from initial consolidation to strategic expansion into new niche market areas with new specialist products that will help to assure both our future and the future of our business partners.
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CONTINUITY FOR OURSELVES & OUR NEIGHBOURS Continuity and commitment mean succeeding in the market place, building a new business with a secure future - for ourselves, our employees and our business partners - and in the process helping to build prosperity in our neighbourhood.
Our aim: to be a world class business that lives by technical excellence, innovation, partnership and reliability. Here and now - and here to stay. |
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For more information about Aroma & Fine Chemicals today, and what the future holds, contact your usual representative or any member of the sales team on: +44 (0) 151 423 8100
or visit our Contact page. |
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