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Slide #3. Taminco Corporation — Formic Acid Business Of Kemira Oyj
Taminco Corporation (TAM)
Formic Acid Business Of Kemira Oyj
Taminco Corporation (NYSE: TAM), today announced that it has completed the acquisition of the formic acid business of Kemira Oyj. The formic acid business has a global footprint and serves a number of selected markets that are driven by key global megatrends, such as animal nutrition, agriculture, water treatment and energy.
Taminco is a holding company. Through its subsidiaries, Co. is a producer of alkylamines and alkylamine derivatives. Co. has three segments: Functional Amines, which serves customers that uses its alkylamine products in their chemical processes for the production of formulated products in end markets such as agriculture; Specialty Amines, which sells alkylamine derivatives for use in the water treatment, personal & home care, oil & gas and animal nutrition end-markets, and specialty additives in the pharmaceutical, industrial coatings and metal working fluid end-markets; and Crop Protection, which sells alkylamine derivatives for use in the agriculture and crop protection end-markets.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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