New name reflects Polyurethane Core Competency Scale And Focus
ST. LOUIS, MO – December 16, 2015 – Accella Performance Materials™, a leading manufacturer of polyurethanes and recycled rubber products today announced the renaming of several core businesses to Accella Polyurethane Systems™ including, IPS Polymer Systems, MarChem, Arnco Performance Polymers, Premium Spray Products, Burtin Polymer Laboratories; and its ArncoPathway and Zeus Tire Fill businesses to Accella Tire Fill Systems™. The name changes will be effective January 1, 2016. Accella™ is a leading manufacturer of Polyurethane coatings, binders, elastomers, foams both rigid and flexible, and polyurea sprays, as well as recycled rubber products.
“The new name better reflects Accella™’s strategy to build the leading polyurethane systems house. In combining national manufacturing locations with a national sales network, we provide the speed and scale to enhance our customer’s performance and profitability,” remarked Andy Harris, President and CEO of Accella Performance Materials™.
Chris Brink, Vice President – Accella Polyurethane Systems™, added; “We are very pleased to realize the synergies these companies provide to the Accella™ group and the value it provides to our customers. We will continue to provide the high quality, best in class technology and brands, now with even greater focus and energy.”
For additional information, please visit www.accellapolyurethane.com.
Joe Negrey, Vice President – Accella Tire Fill Systems™, also commented, “Our new name reflects the global presence and competency of former ArncoPathway and Zeus tire fill products. Now serving three continents with local manufacturing, we are the leading provider of tire productivity solutions in the world.”
For additional information please visit www.accellatirefill.com.
About Accella Performance Materials™
Rebranded from Dash Multi-Corp which was founded in 1973 in St. Louis, MO, Accella™ is a leading manufacturer of custom formulated polyurethane systems and recycled rubber products. The polyurethane business is focused on foams, coatings, adhesives, tire fill, sealants and elastomers. The recycled rubber products business manufactures recycled tire crumb, custom colored EPDM granules, equine matting, athletic flooring, playground surfacing and custom molded products. With the acquisition of Premium Spray Products and Burtin Polymer Labs, the company manufactures in eight production facilities across the United States, one in Europe and one in China. To learn more about Accella Performance Materials™ go to www.accellacorp.com.
About Arsenal Capital Partners
Formed in 2000, Arsenal Capital Partners is a leading New York-headquartered private equity firm that invests in middle-market specialty industrial and healthcare companies. Arsenal makes investments in sectors where the firm has significant prior knowledge and experience. The firm targets businesses that have the potential for further value creation by working closely with management to accelerate growth and leverage the firm’s operational improvement capabilities. Arsenal currently has $1.7 billion of committed equity capital. For additional information on Arsenal Capital Partners, please visitwww.arsenalcapital.com.
Contact: Al Restaino