SK Capital backed-Deltech Holdings completed the acquisition of StanChem from Artemis Capital Partners.

SK Capital backed-Deltech Holdings, a producer of specialty aromatic monomers, polystyrene and resins for use in coatings, composites, construction materials and other applications, completed the acquisition of StanChem, a specialty chemicals manufacturer, from Artemis Capital Partners, a specialized private equity firm. Financial terms were not disclosed. “StanChem has always been a premier provider of emulsion polymers and Albi has been an innovator in the protective coatings market. Over the last 5 years, we have worked to transform the business into a specialty polymer provider by focusing on proprietary product development and expansion of manufacturing capabilities. We look forward to the next chapter of our growth as a part of the Deltech team,” Paul Stenson, StanChem President and CEO.