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Genoa, Italy-based, Italmatch Chemicals, a global specialty chemical group, has acquired Detrex Corp., an American company headquartered in Cleveland, Ohio, and specialized, through its subsidiary The Elco Corp., in the production of high-performance lubricant additives for industrial applications and high-purity hydrochloric acid.
The acquisition is coherent with the internationalization process undertaken by the group in the last few years with a particular focus on the American market and confirms the aim of expanding...