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Specialty Chemicals

Arxada to buy antimicrobial maker Troy

by Craig Bettenhausen
November 6, 2021 | A version of this story appeared in Volume 99, Issue 41
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A structure of 3-iodo-2-propynyl butylcarbamate.

Arxada is buying the antimicrobial chemical maker Troy. The centerpiece of the deal is Troy’s 3-iodo propynyl butyl carbamate (IPBC), a potent antifungal compound used in coatings, wood protection, home and personal care products, plastics, textiles, energy, and metalworking fluids. Troy also sells other surface-finishing and preservative chemicals. The deal includes plants in the US, Germany, Thailand, and the Netherlands. Arxada is Lonza’s former specialty chemical business, which the private equity firms Bain Capital and Cinven acquired in July.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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