CC Industries, Inc. (“CCI”) affiliates have officially acquired Foremark Performance Chemicals (“Foremark” or the “Company”) from SK Capital Partners (“SK Capital”), marking a significant development in the specialty chemicals sector. Renowned for its expertise in producing proprietary natural gas sweeteners, chemical building blocks, and slow-release fertilizers, Foremark’s integration into CCI’s esteemed portfolio signifies a strategic expansion.
Bill Crown, President and CEO of CCI, expressed enthusiasm about the acquisition, citing Foremark’s track record of innovation and adaptability to market dynamics. He emphasized, “Foremark is an exceptional addition to our roster of established operating companies.”
Based in League City, Texas, Foremark boasts a cutting-edge, automated facility catering to natural gas service firms across North America and petrochemical clients in the US Gulf Coast. Operating autonomously, the Company will retain its leadership team, led by President and CEO Randy Owens.
Under SK Capital’s stewardship, Foremark underwent a remarkable transformation, fostering a culture centered on safety, sustainability, innovation, and top-notch customer service. Mr. Crown affirmed CCI’s commitment to supporting Foremark’s growth trajectory and augmenting its customer-centric approach.
Mr. Owens echoed this sentiment, expressing excitement about the partnership with CCI and highlighting the company’s operational and financial acumen. He affirmed, “With CCI’s backing, we are poised to uphold our commitment to exceptional service and product quality for our valued customers.”