Ecolab subsidiary Purolite has held a ribbon-cutting ceremony to mark the tripling of agarose resin capacity at its 10,855 m2 site at Llantrisant, near Cardiff, UK. The resins are made from red seaweed in beads varying between 35 and 200 microns in size, using a “jetted” manufacturing process that is said to significantly reduces the steps and time required to produce resin, while reducing the overall carbon footprint.
Ecolab has agreed to acquire Purolite, a supplier of ion exchange resins for the separation and purification of solutions based in Pennsylvania, for $3.7 billion in cash. This should close within Q4, subject to regulatory clearance and other closing conditions. It is expected to be revenue-neutral in 2022 and slightly accretive in 2023.
Purolite operates in more than 30 countries and employs about 1,000 people, with expected 2021 sales of around $400 million. It will operate as a separate global business unit and it results will be reported within the Life Sciences division.
