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Business
Vertellus Acquires Degen Oil Assets
by Marc S. Reisch
July 27, 2009
| A version of this story appeared in
Volume 87, Issue 30
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.
The power is now in your (nitrile gloved) hands
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