Vertellus Acquires Degen Oil Assets | July 27, 2009 Issue - Vol. 87 Issue 30 | Chemical & Engineering News
Volume 87 Issue 30 | p. 30 | Concentrates
Issue Date: July 27, 2009

Vertellus Acquires Degen Oil Assets

Department: Business
Keywords: Vertellus, Degen, polymerized oils

Vertellus Specialties has acquired assets of Degen Oil & Chemical for an undisclosed sum. Based in Jersey City, N.J., Degen has been a leader in polymerized vegetable and fish oils. Vertellus President Jeremy Steinfink says the purchase will enhance his firm's line of oil-based derivatives for coating and ink applications. Vertellus will integrate the assets into its plants in Bayonne, N.J., and Greensboro, N.C.

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