Cyprus, Texas – Resiplast US and polyurethane resin manufacturer Alchemy Polymers have set up a new50:50 joint-venture company, Alchemy-Spetec to be led by Alchemy’s owner and managing director, Stephen Barton.
Resiplast in Alchemy construction PU jv
Resiplast US, a subsidiary of Belgian company Koramic Construction Chemicals, was set up in 2014 to sell Resiplast’s Belgium-made Spetec injection resins to the US market. High demand has led to the decision to manufacture in the US, too. Following the joint venture, these operations will be carried out in Alchemy’s production facilities, the companies said.
Spetec polyurethane injection resin has applications including soil stabilisation, water cut-off, waterproofing and sewer grouting. The single component product is non-toxic, solvent-free, has a high penetrating power, and can be injected in a water-saturated environment, said Resiplast. It reacts very quickly with water, but in a dry environment has an unlimited shelf life, the firm added.
“I am very happy with the alliance with the Koramic group, and with the engagement of the management team of Koramic Construction Chemicals,” Barton said. “Besides bringing in a complementary and new range of products, they contribute to the new company with a vast knowledge and experience in our industry.”