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Noveon Expands Personal Care Business with Acquisition of Scher Chemicals, Inc.
07-Jan-2004
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Noveon, Inc. announced that it has acquired Scher Chemicals, Inc., a manufacturer of emollient and surfactant specialty chemicals used in cosmetic and other personal care formulations. This investment expands Noveon's personal care product offering to include specialty emollients and other ingredients important to its customer base. Scher markets their products under the brand names Schercemol(TM), Schercoquat(TM), Schercomid(TM), and Hydramol(TM). The products are widely used globally throughout the personal care industry. The terms of the agreement were not disclosed.
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