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Business

Synalloy acquires DanChem for $33 million

by Matt Blois
October 30, 2021 | A version of this story appeared in Volume 99, Issue 40
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Synalloy, which produces piping, tubing, and specialty chemicals, has acquired the specialty chemical maker DanChem for $33 million. Synalloy says it hopes the purchase will speed up product development and help snag customers in industries including agriculture, additives, coatings, adhesives, and sealants. DanChem also offers attractive infrastructure at its 22-hectare Danville, Virginia, campus, including a large fleet of horizontal reactors and access to rail lines.

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