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Home  > Markets & companies  > Raw materials market  > IGM Resins acquires Insight High Technolog...

Tuesday, 17 September 2019
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Markets & companies, Raw materials market

IGM Resins acquires Insight High Technology Group

Wednesday, 6 August 2014

Through the acquisition of Insight High Technology, IGM wants to strengthen their global position in photoinitiators and pharmaceutical intermediates.

IGM Resins is adding photoinitiators to their portfolio. Source: Manwalk- Pixelio.de

IGM Resins is adding photoinitiators to their portfolio. Source: Manwalk- Pixelio.de

IGM Resins has obtained the High Technology Group, a Chinese producer of photoinitiators, pharmaceutical intermediates and fine chemicals. Headquartered in the Netherlands, the company specialises in the production of materials for UV inks and coatings and hopes that their purchase will help to expand their global position in photoinitiators. Andrew Chambers, the vice president for EMEA and Global PI manager, said that the acquisition "will increase the pace of development of new materials for UV through a joint effort amongst our technical centers in China, Europe and the U.S.”. In addition to adding photoinitiators to their portfolio, the resin producer is also "committed to supporting the pharmaceutical intermediates business”, states CEO Edward Frindt.

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