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lubricants

One Rock Capital Partners Sells Compass Chemical to Italmatch Chemicals
NEW YORK, June 7, 2016 – One Rock Capital Partners, LLC (“One Rock”) announced today that one of its affiliates has sold Compass Chemical International, LLC (“Compass”) to Italmatch Chemicals Group (“Italmatch”), a leading global chemicals group that specializes in the manufacture and marketing of performance additives for lubricants, water treatment and oil & plastics. Compass is the largest independent manufacturer of organophosphonates in North America and provides products for water treatment, oil & gas and various other applications. The acquisition of Compass provides Italmatch with a significant presence in the attractive North American market following its acquisition of Solvay’s Desalination and Phosphonates / Phosphonic acid-based water additives business. With the acquisition, Italmatch will have manufacturing facilities in Smyrna, GA and Huntsville, TX where it will start to manufacture its global Dequest product line. “Compass has built a reputation as the leading North American provider of scale-inhibition and anti-corrosion products,