Helm Fertilizer Corp., Tampa, a wholly-owned subsidiary of Helm AG, will add additional fertilizer distribution hubs along the Mississippi River and its tributaries from CGB Fertilizer as of May 31, 2019. With this strategic step, Helm said it is underlining its expansion plans within the U.S. and expanding business activities towards the North. Helm said the move will make it one of the largest fertilizer distributors in the U.S., enabling it to market 3 million tons of dry and liquid fertilizer into North America through 15 terminals.
French chemical company Arkema SA has agreed to buy a U.S.-based supplier of mining-additives from Golden Gate Capital for $570 million, according to Bloomberg. Purchasing ArrMaz Custom Chemicals Inc. will add a portfolio of defoamers and other so-called surfactants used in road construction and agrochemicals generating annual sales of $290 million, Arkema said in a statement May 16.
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