GALATA CHEMICALS® ANNOUNCES A GLOBAL PRICE INCREASE FOR MARK® TIN HEAT STABILIZERS

Southbury, CT – 08 November, 2017 — Due to continued escalation of raw material costs coupled with increased manufacturing costs, Galata Chemicals is implementing a price increase of a minimum of $0.35 USD / KG for all Mark Tin Heat Stabilizers.  This increase will be effective immediately, or as contracts allow.

Galata Chemicals is a leading global producer of plastic additives including mixed metal heat stabilizers, organotin heat stabilizers and catalysts, primary and secondary plasticizers, polymer modifiers and chemical foaming agents.

Artek Acquires 100% Ownership of Galata Chemicals

Artek Surfin and Aterian Investment Partners are pleased to announce that they have closed on their previous announced transaction whereby Artek has acquired Aterian’s shares in Galata Chemicals. Galata Chemicals is a leading supplier of plastic additives with a comprehensive portfolio of organotin heat stabilizers, mixed metal heat stabilizers, epoxidized soybean oil, bio-based plasticizers, organotin catalysts, and polymer modifiers. Lazard Middle Market advised on the transaction.

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