Specialty Resin & Chemical

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Specialty Resin & Chemical - overview

Location

-, MI, US

Primary Industry

Chemicals

About

Specialty Resin & Chemical, based in Dowagiac, US, specializes in high-quality liquid silicone rubbers and casting resins, serving diverse applications in mold-making for food and artistic projects. Founded in Dowagiac, US, Specialty Resin & Chemical focuses on producing quality casting materials. The company was acquired by Polytek Development Corp. in September 2021, as part of a deal to enhance product development capabilities.


Specialty Resin & Chemical specializes in the production and supply of high-quality liquid silicone rubbers, rigid and flexible casting resins, and crystal-clear epoxies. Their core product offerings cater to a diverse range of applications, including mold-making for food items, crafting, and artistic endeavors. The products are designed for ease of use, ensuring that both hobbyists and professionals can create durable and precise molds with minimal waste. End users include individual artisans, small businesses, and larger manufacturers across industries such as food and beverage, arts and crafts, and toy manufacturing.


The company primarily serves customers in the United States, establishing a reputation for reliability and quality, supporting over 2,000 small businesses engaged in casting and mold-making activities. Specialty Resin & Chemical generates revenue through direct-to-consumer sales, offering professional-grade products to individual users and small businesses. Transactions occur mainly via online orders, with various product offerings, including flagship items like Cast-a-Mold Platinum food-grade silicone rubber. The company utilizes a straightforward pricing structure, selling products at set retail prices, which facilitates clear purchasing decisions for clients.


This direct sales approach allows the firm to maintain close relationships with its customer base, ensuring they receive fresh, American-made materials directly from the source. Their commitment to customer service reinforces their position in the resin casting and mold-making market. The partnership with Polytek Development Corp. is set to support Specialty Resin & Chemical in continuing to develop new products.


The company is focused on expanding its product line and enhancing its market presence, aiming to launch several innovative offerings in the coming years. Further details on specific new products and release dates will be announced as they are finalized. The company anticipates leveraging the resources from the acquisition to facilitate this growth.


Current Investors

Polytek Development Corp.

Primary Industry

Chemicals

Sub Industries

Consumer Products, Adhesives & Sealants, Commodity Chemicals

Website

www.specialtyresin.com

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Specialty Resin & Chemical - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedSpecialty Resin & Chemical-

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