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BASF sells Micronal PCM line to Microtek Labs

Ben Welter - Wednesday, May 17, 2017

Microtek Laboratories of Dayton, Ohio, today announced it has signed a contract to purchase BASF's Micronal line of microencapsulated phase change material. Financial terms of the deal were not disclosed.

Micronal logoThe Micronal line, introduced in 2004, includes six paraffin-based PCMs offered in liquid and powder form, with melt points ranging from 21° C to 26° C. Microencapsulated PCMs are used for thermal regulation in building and construction products, mattresses, textiles and packaging applications. Micronal is key component of building products such as Knauf wallboard and National Gypsum's ThermalCORE panels. 

Manufacturing of Micronal products will be transitioned to Microtek’s Dayton production facility by the end of the year. Microtek has taken ownership of all Micronal inventory and will begin working with Micronal customers on May 23.

“This is great addition to Microtek’s product line, creating a real advantage for customers who already have a defined manufacturing/coating process requiring a specific type of phase change product in their formulation,” said Randall Lane, Microtek’s chief strategy officer. “Microtek’s mission has always been to provide innovative solutions to enhance product performance for our customers. Adding Micronal to the product line allows Microtek to remain the world leader in microencapsulated PCM products.”

BASF, based in Ludwigshafen, Germany, said the sale will allow its dispersions and pigments division to focus on its core business, "dispersions and additives in the field of raw materials used in construction chemicals." BASF said the sale does not include Ludwigshafen production assets or employees.

Microtek, founded in 1985, is a privately held company focused on phase change material and microencapsulation services. It introduced its Nextek line of PCM capsules in 2016.

https://www.basf.com/en/company/news-and-media/news-releases/2017/05/p-17-225.html

http://www.businesswire.com/news/home/20170517005136/en/Microtek-Laboratories-Announces-Acquisition-Micronal-Product-Line

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