Specialty phosphate maker Innophos Inc., Cranbury, N.J., on Oct. 21 announced its exclusive partnership with Shrieve Chemical Co. LLC, The Woodlands, Texas, to supply the U.S. asphalt market with Innophos’ Innovalt® brand of polyphosphoric acid (PPA). Innophos said the product enhances the performance of asphalt for more durable, longer-lasting pavement.
Innophos said the partnership brings together Innophos’s technology with Shrieve’s service capabilities, including logistics, warehouse, sales, and service capabilities.
“We are excited to partner with Shrieve as our exclusive distributor for Innovalt® brand of polyphosphoric acid (PPA) in the US asphalt market,” said Marco Coen, Innophos SVP Chief Commercial Officer. “With our complementary skills, we look forward to providing asphalt contractors and terminals the highest quality products and service in the industry.”
“We are pleased that Innophos has put their trust in Shrieve for the distribution of asphalt modifier in the U.S.,” said Randy Jones, Vice President of Shrieve Specialty Chemicals. “The Innovalt® product portfolio aligns perfectly with Shrieve’s strategy to become the North American leader in specialty chemical solutions for asphalt terminals and contractors, and we are looking forward to growing with Innophos as they continue to develop innovations for this market.”
Shrieve, a portfolio company of Gemspring Capital, is a marketer of industrial chemicals, performance fluids and specialty lubricants. The company markets and sells over 700 products into more than 40 countries from over 600 suppliers, with support from manufacturing and research and development facilities in North America and Asia.