This allows Americhem to service and grow with its customers around the globe as Prescient is a natural fit for Americhem. Prescient has built a strong customer relationships, premier reputation, and offers best-in-class fiber development technology.
This acquisition expands Americhemâ€™s global reach and deepens its technical expertise and also helping customers solve their technical challenges.
Matthew Hellstern, CEO, Americhem said that, â€œPrescientâ€™s operating model and core values align with Americhemâ€™s. We will continue to build upon our key attributes: sPerformance, Solutions, and Trust. We are delighted to have Prescient join the Americhem family, and welcome Prescient employees to the Americhem team.â€
Rohit Rathi, Prescient Managing Director said that, â€œWe are proud to have found a company like Americhem, a best in class supplier of polymer solutions. I am very excited for Prescientsâ€™ customers and employees alike. Our customers will benefit by having access to new innovative technologies, and our employeesâ€™ futures will continue to expand and thrive as part of the global Americhem family.â€ He also quoted that, â€œAmerichem is a well-respected company that values its employees and will be able to expand Prescientâ€™s global reach.â€
Americhem Inc. announced that it has acquired Prescient Color Limited, a wholly owned subsidiary of Sudarshan Chemical Industries Limited (SCIL).Based in Pune, India, Prescient is a leading Indian producer of high-end masterbatches in several attractive niche applications, including synthetic fibers. It employs approximately 140, including contract employees. The acquisition complements Americhemâ€™s position in the global synthetic fiber market and expands its geographic reach in a high growth region.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
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