Sunday, January 28, 2007

Dixie Chemical lands investment from Chicago firm

Houston-based Dixie manufactures high-purity specialty and industrial chemicals, complex compounds and chemical intermediates used in the pharmaceutical sector at its Pasadena plant.

Dixie produces chemicals for a range of uses, including paper manufacturing, building and construction, packaging, consumer electronics, industrial coatings and pharmaceutical manufacturing. The company's laboratories can support design and production from the kilogram level to multi-ton orders.

"Dixie Chemical's leading position in anhydride chemistry presents an excellent opportunity for organic growth, with existing clients and in new markets," said Donald Evans, managing partner of Glencoe Capital. "Dixie has proven technical competency and a leading position in a number of global markets."

Glencoe Capital invests in middle-market businesses valued between $50 million and $150 million.



http://houston.bizjournals.com/houston/stories/2006/08/14/daily8.html