US-based regional chemical distributors ChemSolv and Chemisphere have introduced a brand new joint platform for distribution companies throughout 43 states and a number of worldwide areas.
The brand new platform will function as Integrity Companions Group (IPG) and can leverage the businesses’ mixed sources and years of experience in private care ingredient provide and distribution to supply “a full array of tailor-made options, together with mixing, packaging, high quality testing, white-label formulations, customized logistics, repurchasing, and solvent recycling companies” to business producers and suppliers, together with surfactants for product formulations, detailed an organization press launch on the announcement.
To be taught extra about Chemsolv and Chemisphere, the background behind the formation of IPG, and the platform’s potential influence on US private care product manufacturing and provide corporations, CosmeticsDesign interviewed Darren J. Birkleback, IPG’s CEO, for his insights.
CDU: Are you able to share some background details about ChemSolv?
Darren J. Birkleback (DJB): ChemSolv is a US distributor of business chemical compounds, solvents, lubricants, metallic working fluids, and specialty merchandise. The corporate is predicated in Roanoke, Virginia and serves greater than 1,400 clients within the Mid-Atlantic and East Coast.
ChemSolv works with strategic suppliers and different trusted producers to ship high-quality, progressive merchandise for magnificence and private care.
Along with a wonderful product portfolio, ChemSolv is thought for offering mixing, tolling and distillation with a robust concentrate on the client. The corporate has its personal sizzling rooms, white rooms, and an abundance of producing and space for storing.
Importantly, ChemSolv is a member of the Nationwide Affiliation of Chemical Distributors (NACD) and is devoted to assembly the group’s rigorous requirements with the intention to present neighbors and clients with the best stage of confidence.
CDU: Are you able to share some background details about Chemisphere?
DJB: Chemisphere is a chemical distributor primarily based in St. Louis, Missouri, that serves the Midwest. The corporate has greater than 44 years of expertise and, like ChemSolv, affords manufacturing, packaging, and different companies that complement distribution.
For instance, Chemisphere affords customized blends, toll-manufactured merchandise, and ethanol and acetone-based merchandise, and provides pure and denatured alcohol for quite a lot of purposes, starting from hand sanitizers and lotions to fragrances and detergents.
Chemisphere can also be NACD verified and dedicated to security.
CDU: Are you able to share some background info on the formation and launch of IPG?
DJB: IPG was born by means of OpenGate Capital’s acquisitions of ChemSolv and Chemisphere. Each corporations are extremely revered of their respective areas and collectively cowl 43 states. With a strategic imaginative and prescient and a shared dedication to excellence, IPG combines the strengths and experience of each working corporations to ship a broader portfolio of options, technical experience, and distinctive capabilities with unparalleled customer support.
As we transfer ahead, IPG will pursue natural progress whereas persevering with our acquisition technique to construct out a full-line chemical distribution and mixing platform.
CDU: Had been there any challenges to the formation and launch of IPG?
DJB: As anticipated, the formation of IPG definitely introduced its share of challenges. Any time you improve collaboration between two distinct entities it requires cautious planning and coordination.
Challenges included aligning organizational cultures, streamlining operations and processes, and successfully speaking the imaginative and prescient and objectives of the newly fashioned IPG to all stakeholders. Nonetheless, with a devoted workforce and a structured integration technique, we efficiently navigated these challenges and constructed a full-line chemical distribution and mixing platform to serve the important thing markets in our chosen geographies.
CDU: What are IPG’s major objectives for the cosmetics and private care product industries?
DJB: We’re increasing our capabilities by means of lab actions, application-specific formulations and extra product traces to serve the beauty and private care market. Our first step is to be sure that any acquisitions or new suppliers convey complementary product traces to IPG’s present portfolio.
Add-on acquisitions are interesting, as are bigger acquisitions that convey us even nearer to extra clients throughout the US. We’re additionally on the lookout for methods to additional strengthen our expansive mixing capabilities.
CDU: What’s IPG’s potential influence on producers and suppliers to the cosmetics and private care product industries?
DJB: IPG is a chemical distribution platform that has two working corporations, ChemSolv and Chemisphere. Collectively, about 19% of our gross sales go into the non-public care business. Delivering options for beauty chemistry is a big a part of our enterprise.
In the present day, we provide merchandise equivalent to antioxidants, plant oils, emollients, perfume, and cosmetic-grade solvents. Our objective is to develop our portfolio and our companies, and as we do, we plan on increasing our providing of sustainable options, botanicals, and different merchandise that improve customers’ sense of well-being and connection to nature whereas respecting the surroundings.
Past the merchandise we provide, what makes IPG distinctive is our capabilities and our integrity. We go above and past for our clients with companies like mixing, tolling, and distillation. ChemSolv and Chemisphere have 2.7 million gallons of storage capability, 80,000 gallons of mixing capability, and 35,000 sq. toes of producing area. We even provide artistic logistics because of 24/7 transport and a non-public fleet of greater than 50 vehicles. We do what it takes – and we do it responsibly and safely.
CDU: What are the long run plans for IPG?
DJB: IPG will develop organically and inorganically. We are going to proceed to develop our enterprise within the private care market. On the identical time, we’ll develop in different key markets we serve like meals and beverage, industrial and pharmaceutical.