Croda Acquire Finnish Technology Company IonPhasE

Croda International Plc, who create, make and sell speciality chemicals for some of the biggest,
most successful brands in the world, today announced that it has acquired IonPhasE, an
innovative technology supplier of static electricity protection products headquartered in Tampere,
Finland.
Operating in some of the fastest growing segments within the plastics market, IonPhasE has
developed and supplies a unique range of anti-static additives that help to prevent damage to
electrical components, increase the safety of chemical and food packaging and improve the long
term appearance of consumer appliances. Focused on Electrostatic Discharge Protection (ESD)
and Inherently Dissipative Polymers (IDPs), IonPhasE’s products use the most advanced
technologies in the static electricity protection market, which work to release static electricity in a
controlled way.
This acquisition supports Croda’s growth strategy within high technology, consumer driven
markets and meets the increasing demand for polymer additives that control the static electricity
in automotive parts, household appliances as well as personal electronic devices and other
sensitive components.
IonPhasE’s products are a natural extension to Croda’s existing product portfolio and by bringing
together the expertise of both research and development teams, a broader and more diverse
range will be made available to customers through Croda’s dedicated global marketing and sales
force.
Mike Millington, Polymer Additives Global Business Director at Croda said: “The acquisition of
IonPhasE presents a significant opportunity to us at Croda with its differential product range
operating in a niche, high value sector of the polymer market. The experience and knowledge of
the IonPhasE management team, coupled with Croda’s innovation strength, global sales reach
and complimentary technologies will allow us to better meet the needs of our customers.”
Claus Carlsen, Chief Executive Officer at IonPhasE said: “For over 16 years, we have focused
on developing our technology in response to the needs of our customers. We are looking
forward to developing this further with Croda’s support and expertise, whilst being able to reach
existing and new customers faster through a higher level of customer intimacy. All of the team
here at IonPhasE is excited about our future within the Croda Group