SKW QUAB Chemicals Inc., The Dow Chemical Company, Merck KGaA, and LOTTE Fine Chemical are dominating the Global 3-Chloro-2-Hydroxypropyl Trimethylammonium Chloride (CHPTAC) Market in 2019

SKW QUAB Chemicals Inc.

SKW Quab Chemicals Inc. has established its presence in the market across the globe and has been running and delivering the product efficiently. They provide a broad range of industries an opportunity to improve upon the quality or performance of products.

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The company has broad sale regions which include North America, South America, Asia-Pacific, Europe and the Middle East and Africa

The CHPTAC product by the SKW QUAB Chemicals Inc. is an aqueous solution of 3-chloro-2-hydroxypropyltrimethylammonium chloride used as cationizing reagents. It can be stored for longer period and is stable up to 50 °C. It is applicable for paper industries in lowering paper pollution. Their applications can also be seen in textile and water treatment industries.

  • In November 2017, the company signed an agreement to acquire the Specialty Metals business of ESM Group Inc. inclusive of manufacturing facility in Pennsylvania, U.S. by Luxfer Holdings PLC. ESM Group is a wholly owned subsidiary of SKW Stahl-Metallurgie Holding AG and this agreement was made so that the company will focus on the core business and strengthening the relationship with the customer.

The Dow Chemical Company

The company was founded in 1897, and is headquartered in Michigan, United States. The Dow Chemical Company deliver a broad range of innovative and technology-based products and solutions in the packaging, industrial and infrastructure, and consumer care industries. The company has its global presence in United States, EMEA and Rest of the World.

The Dow Chemical has established its presence in the market across the globe and has been running and delivering a vast range of products ranging from specialty chemicals advanced materials, agro sciences and plastics businesses. This versatility in the products is accompanied by meeting the latest technological advancements. The research and development department of the company plays a major role in providing insight to build a product with enhanced qualities. The company believes that its strength lies invested in building a strong brand portfolio and ensuring the leading position in the global market.

  • In December 2018, Dow partnered with Alibaba and started a flagship store at 1699.com. The company is exploring and new business opportunities through e-commerce platforms. It will benefit the company by giving customer various options to purchase online and hence broadening the sales network.
  • In October 2018, The Dow Chemical Company partnered with the World Economic Forum to resolve the plastic pollution. This collaboration will enhance the recyclability of plastics and will also help them to facilitate evolution to a circular economy in the society by developing new products and by transforming or recycling the waste.

Merck KGaA.

The company was  founded in 1668, and is based in Hesse, Germany. Merck KGaA is involved in the research and development in the field of science and technology. It majorly operates through three business segments such as Healthcare, Life Science and Performance Materials. The company has global presence in the Asia-Pacific (APAC), Europe, North America, Latin America and Middle East and Africa (MEA) region

  • In January 2019, Merck announced its collaboration with Tencent, a China based Internet value added services provider. This collaboration will be helpful in creating awareness regarding the health and creation of a multi-dimensional intelligent medical ecosystem with the help of artificial intelligence and cloud computing capabilities. The company is now contributing in digitalization for the improving medical treatment
  • In February 2019, Merck invested USD 70 million for the expansion of the research and development centre in Billerica, Massachusetts. The centre will be committed in innovation & development in the field of oncology, immuno-oncology and immunology. Merck is a well-known name in life science and this expansion is a testament to the state’s global leadership.

LOTTE Fine Chemical 

The company was founded in 1964 and is headquartered in Ulsan, South Korea. The company is engaged in manufacturing of fine chemicals. The business segment of the company are Ammonia Relatives, Chlorine, Cellulose and Electronic Materials. The company has global presence in South Korea, China, Germany and U.S.

The company has wide areas of sales as the products are sold in almost every region. Asia is the largest importer of the products manufactured followed by Europe, North America and Japan. The products manufactured by the company are used for various industries including agriculture, automobile, electronics and textile industries. The sales from these many regions add up the company’s revenue thus, helping the company to grow.

  • In March 2016, Samsung Fine Chemicals changed name to Lotte Fine Chemical as the company was acquired by Lotte Group, a Japan based manufacturer of confectionaries, ice cream, hotel business and golf business. This helped the company in expanding high value added product line ups through the vertical integration.