Industry News

HumiSeal Expands Global Presence in Europe

Published on 2007-03-28. Author : SpecialChem

BRIDGEWATER, Mass. -- Chase Corporation, an innovative manufacturer of specialty tapes, laminates, sealants and coatings, announced that it has further expanded its international presence with the formation of HumiSeal Europe SARL in France. This business will be part of its HumiSeal® division, the global leader in conformal coatings for the protection of high reliability printed circuit boards and electronic assemblies.

HumiSeal Europe SARL will operate a sales/technical service office and warehouse near Paris. In conjunction with establishing the new company certain assets were acquired from Metronelec SARL, former distributor of HumiSeal products. The new business will work closely with our HumiSeal operation in Camberley, Surrey, England allowing direct sales and service to the French market. Additionally, it is a key step in developing the supply of HumiSeal products on the European continent.

It should be noted, that not included in the acquisition was the equipment and other materials of Metronelec. That business, which is unrelated to the HumiSeal business, will continue to operate under the Metronelec name.

Chase Corporation Chairman & CEO, Peter R. Chase stated, "I am very pleased to announce that Mr. Emmanuel Anglade, formerly of Metronelec, has been appointed Manager of the new French company and will continue his leadership in building HumiSeal sales. We are excited about the opportunities for continued expansion in the European market and believe that this move is an integral part of our strategy."

Chase Corporation was founded in 1946 and is committed to growth and expanding the products and services in our core markets of Electronic Coatings, Pipeline Coatings,. Construction Products, Wire & Cable, Aircraft Insulation, Durable Papers and Private Label production.

Certain statements in this press release are forward-looking. These may be identified by the use of forward-looking words or phrases such as "believe"; "expect"; "anticipate"; "should"; "planned"; "estimated" and "potential" among others. These forward-looking statements are based on Chase Corporation's current expectations. The Private Securities Litigation Reform Act of 1995 provides "safe harbor" for such forward-looking statements.

Source: Chase Corporation

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