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Petrochemicals
SK buys Deltech’s specialty aromatics businesses
by Alexander H. Tullo
August 30, 2021
| A version of this story appeared in
Volume 99, Issue 31
The venture capital firm SK Capital has acquired a controlling interest in the monomer, polymer, and European businesses of Baton Rouge, Louisiana–based Deltech. The businesses employ 135 people making specialty aromatic monomers such as vinyl toluene, divinyl benzene, and p-methylstyrene. They also make crystal polystyrene for high-end applications such as cosmetics packaging. Deltech CEO Bob Elefante is retaining a minority stake and will remain active in the businesses, SK says.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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