Addivant

Addivant is a chemical company that specializes in innovative additives and solutions designed to enhance the performance and longevity of various industrial and consumer products. Founded in 2013 and headquartered in Danbury, US, Addivant emerged from the acquisition of Chemtura Corporation's antioxidant and UV stabilizer solutions business, completed in May 2013. The company was formed when SK Capital acquired the business for USD 200 million. John Steitz leads the company as CEO.

Addivant offers a range of high-performance additives that improve the quality and functionality of plastics, rubber, fuels, lubricants, and pharmaceuticals. Their product lineup aims to enhance durability and safety across multiple sectors, including automotive, agriculture, electronics, consumer goods, and coatings. Their global reach extends to markets in North America, Europe, Asia-Pacific, and Latin America, catering to a diverse client base. In 2011, Addivant reported a revenue of USD 390.

00 mn with an EBITDA of USD 31. 30 mn, indicating robust financial performance within the B2B sector. The company’s revenue is primarily generated through direct sales agreements centered around tailored solutions that meet specific client needs. Addivant is focusing on expanding its product offerings and market reach.

The recent acquisition in November 2012 has set the stage for innovative developments in antioxidant and UV stabilizer solutions. The company aims to strengthen its presence in global markets and explore new regions, although specific future product releases and target markets have not been disclosed. Funding from the recent USD 200 million deal will be utilized to support these growth initiatives.