Polyglycolic Acid Companies

Polyglycolic Acid Market

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  August 2023- PureTech Scientific LLC on August 17th disclosed the finishing of the acquisition of the Glycolic Acid business from The Chemours Company for nearly USD 137 million in cash, making the firm a worldwide player in the natural production of ultra-high purity alpha hydroxy acids for the Specialty Chemical and Life Sciences industries. PureTech Scientific was established and supported by a leading equity company, Iron Path Capital. The company statement revealed that by the PureTech Scientific brand, the users can believe in a persistent devotion to ensuring an uninterrupted and quality supply of their glycolic acid products. Glycolic acid is a naturally occurring compound present in coffee beans, pineapples, cantaloupe, sugar beets, and many other fruits and plants, serving as a natural protector and preservative. Although natural sources are too less attentiveness to cutting financially, the company manufactures a nature-identical synthetic glycolic acid that is instantly decomposable, catering as a vital element in a range of industry sectors and application areas, such as oil & gas, pharmaceuticals, clean & disinfect, electronics, and personal care products. Scott Mraz, the Iron Path Capital Co-Founder and Managing Partner, said that the cut-out of Glycolic Acid from The Chemours Company draughts all the boxes for them: a brilliant group, a superior product, reputable distribution channels, a diverse range of end-use applications, a stellar reputation with its customers, a proprietary continuous-production manufacturing process, and cutting-edge technology that are as efficient they are environmentally friendly.

Key Companies in the Polyglycolic Acid market include

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  Kureha Corporation

  
  


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  Corbion N.V.

  
  


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  Shenzhen Polymtek Biomaterial Co. Ltd

  
  


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  BMG Incorporated

  
  


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  Huizhou Foryou Medical Devices Co. Ltd

  
  


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  Teleflex Inc