MFG Chemical, a specialty chemical manufacturer of polymers, surfactants and esters, has acquired Gulf Bayport Chemicals LP. Headquartered in Houston, Texas, with plant operations in Pasadena, Texas, Gulf Bayport Chemicals (GBC) is a manufacturer of maleic anhydride derivatives and provides a variety of contract manufacturing, warehouse and transportation services for a range of industrial end markets.
“The acquisition of GBC expands MFG’s geographic footprint into the Gulf Coast, demonstrating commitment to our customers in the region,” said Keith Arnold, CEO of MFG Chemical. “We are excited for this acquisition and the growth opportunities it will provide to MFG in the future.”
The addition of GBC brings a world-class chemical facility in an ideal location in the Houston ship channel area. The site benefits from direct rail access and an extensive utility infrastructure, providing MFG the opportunity to significantly expand its manufacturing capacity.
“GBC has developed a great reputation as a producer of maleic anhydride-based chemicals for customers in various end markets,” said CEO of GBC, John Nowlan. “We believe that our capabilities and customer and supplier relationships will complement MFG’s strong position in the specialty chemicals market.”
Founded in 1981 and based in Dalton, Ga., U.S.A., MFG is a specialty chemical manufacturer of polymers, surfactants and esters used in various applications in the oil field, water treatment, mining, coatings, agricultural and other industrial markets. In June 2017, MFG was acquired by Platte River Equity, a Denver, Colo.-based private equity firm focused on investments in lower middle market companies across various industrial sectors.