The liquidation will take place via negotiated sale and interested parties can schedule plant tours beginning January 2022.
Industrial Asset Recovery Group (IARG) announces the liquidation of four chemical plants formerly operated by Emerald Performance Materials in Henry, Illinois. Buyers have the opportunity to acquire complete processing units and chemical operations previously used in the manufacture of antioxidants, accelerators, and specialty chemicals used in tire production and other applications in the rubbers and elastomers industry. The plant officially ceased operations in 2021.
"This is a rare opportunity to acquire intact and complete processing units for chemical manufacturing," said Stuart Millner, President at IARG. "These chemical plants are filled with high-quality specialty equipment which can be inserted lockstep with existing operations."
The liquidation will take place via negotiated sale and interested parties can schedule plant tours beginning January 2022.
Plant #1: Accelerator Processing Plant
This 18,000 sq/ft chemical plant operated was used to manufacture Cure-Rite® 18, an efficient thiocarbamyl sulfonamide rubber accelerator used in applications such as road tires, molded goods, hoses, and conveyor belts.
Plant #2: Antioxidant Processing Plant
This 10,000 sq/ft chemical plant was used to manufacture Good-Rite® 3114, a high-purity antioxidant used in agriculture films and membranes, roto-molded goods, demanding wire and cable applications, polyolefin manufacturing, and other rubber products.
Plant #3: Additives Manufacturing Plant
This 38,000 sq/ft chemical plant was used to manufacture multiple chemical products, such as StaLite®, VanLube®, 9317, and 50% NaMBT. StaLite® is an additive to general purpose antioxidants for elastomers. VanLube® is a lubricator used as an oxidation inhibitor and metal deactivator. 9317 is an amine antioxidant designed to enable high temperature performance in synthetic lubricants. 50% NaMBT is a solution of sodium salt used in the manufacturing of tires and similar mechanical rubber goods products.
Plant #4: NaMBT & NaSH Manufacturing Plant
This 4,000 sq/ft chemical plant was used to manufacture Good-Rite® NaMBT & NaSH. These chemical products are aqueouse solutions used as corrosion inhibitors, chemical intermediates, binding, processing, and dyes. Primary applications include wood pulping, mining/ore processing, chemical dyes, antifreeze, coolants, refrigeration, and similar uses.
Large Tank Farm
Dozens of large storage tanks, from 15,000 to 30,000 gallon, used to capture and offload various chemical components throughout the plant processing areas at Emerald Process Materials.
Subscribe To Our Newsletter & Stay Updated