ISP buys Hallcrest

International Specialty Products (ISP) has announced that,through its subsidiaries, it has acquired the business and assetsof Hallcrest.

Hallcrest is a manufacturer and marketer of custommicroencapsulation and liquid crystal technologies for thepersonal care, home care, oral care and food industries, with abroad customer base that includes multinational Fortune 100companies as well as many other producers of finished productsthroughout the world.

The Hallcrest headquarters is located inPoole, United Kingdom.

Hallcrest has an established reputationfor its expertise in microencapsulation - particularly using thecomplex coacervation process.

This technique permits the controlof a large number of process and material variables, allowing theappearance and performance of the microcapsules to be customised,significantly enhancing final product value.

Sunil Kumar, ISPpresident and chief executive officer, commenting on theacquisition of Hallcrest said: "ISP is pleased to expand itshigh-quality portfolio of ingredients through the acquisition ofHallcrest.

"The Hallcrest products complement the ISPproduct line and enable us to offer more unique and excitingingredients for our customers' finished productformulations.

"Hallcrest has cultivated an outstandingreputation for innovation, quality and service, and we welcomethe employees of Hallcrest into the ISP family".

Alan Jones,ISP's vice president for western Europe said: 'We aredelighted to be able to add Hallcrest and its innovative productsto ISP's extensive range of quality ingredients.

"ISPcontinues to strengthen its position in the important personalcare, oral care, food industries and the acquisition of Hallcrestsignificantly enhances our range of services and ingredients forthese dynamic sectors.'