The specialty coating industry for packaging, labeling, and graphic arts is constantly evolving. ICP brand, Nicoat®, an innovative leader and well-known brand throughout the industry, was interested in broadening their technology capabilities to better serve their customers. MinusNine was a leading formulator and manufacturer of UV/EB coatings, adhesives, primers and specialty products. The ICP Group saw an opportunity to bring two innovative brands together and leverage their capabilities to deliver more value to customers and increased opportunities to team members. The acquisition was very successful. According to ICP Group CEO, Doug Mattscheck, “The combined brands (Nicoat® & MinusNine), products and technology have propelled us into a new chapter for our industrial division.” Nicoat® and MinusNine currently serve as the foundation of ICP Industrial Solutions and are still renowned brands throughout the industry.
Itasca, Illinois– April 11, 2018 – ICP Industrial, a division of Innovative Chemical Products Group (the ICP Group), and the global leader in the development, application, and technical support of specialty coatings for the packaging, labeling, and graphic arts industry, has launched a new website that unites the company’s two industry-leading brands, Nicoat® and MinusNine Technologies.
The newly refreshed website was designed with their customers in mind. The website includes a sleek, streamlined look, more expansive information about products and services, and a section devoted to tools and resources that includes UV/LED/EB and aqueous coverage calculators, a troubleshooting section, technical data sheets and more.
“By serving an industry that is constantly evolving, it’s important for our partners to realize that we’re evolving, too,” stated Paul Grzebielucha, President of ICP Industrial. “The purpose of the new website is to inspire businesses to start a conversation with us. We have decades of experience delivering quality customer solutions, quick turnaround times, and industry-leading innovation.”
ICP Industrial successfully provides customized solutions using UV/LED/EB, specialty coatings, silicone and adhesive technologies to meet the needs of customers in the label, packaging, industrial coating, commercial printing, and transactional card markets. Visitors to the updated site can now get a better sense of how this process occurs, and the benefits of partnering with ICP Industrial.
“ICP delivers customer value with innovative customized products, superior customer service, outstanding quality and industry-leading technical support. The website details our newly integrated capabilities, proving how we have become stronger together, and it demonstrates our agility as a business. We adapt and grow along with our customers,” said Mark Concannon, VP of Sales and Marketing for ICP Industrial.
Visit the new ICP Industrial website at https://www.icpindustrial.com.
About ICP Industrial, a division of the ICP Group
ICP Industrial is a global leader in the development, application, & technical support of specialty coatings. Our industrial platform, led by trusted brands Nicoat® and MinusNine, delivers innovative solutions to the packaging, labeling and graphic arts industries. Our team of R&D, Technical Service, and Technical Sales Managers support customers to leverage our portfolio of high performance aqueous, UV/LED/EB silicone and specialty coatings and adhesive technologies. Our passion is delivering high-quality customer solutions, dedication to quick turnaround times, and industry-leading custom innovation.
About ICP Group
Innovative Chemical Products (ICP Group) is a leading specialty chemical company engaged in the formulation, manufacturing, and marketing of coatings, adhesives, sealants, and elastomers (CASE). With operations headquartered in Andover MA, and divisional headquarters in Massachusetts, Ohio, and Illinois, ICP serves multiple end markets, including OEM, industrial, building materials, packaging, printing, specialty construction, and sports surfaces. ICP Group is privately held and manufactures products under several recognized, specialty brands. For more information about the Construction, Adhesives & Sealants, and Industrial divisions of ICP Group, visit www.icpgroup.com.
Don Newberry, Senior Marketing Manager
Andover, Mass. – February 6, 2017 – Innovative Chemical Products (the ICP Group) today announced the acquisition of MinusNine Technologies, a leading formulator and manufacturer of UV/EB coatings, adhesives, primers and specialty products for graphic arts and industrial applications. MinusNine, headquartered in Birdsboro, PA, will be integrated into ICP Industrial, Inc., one of the three divisions of the ICP Group.
ICP Industrial currently manufactures industry-leading Nicoat® coatings and adhesives, and with the successful completion of the acquisition of MinusNine, is poised to provide even broader offerings to the packaging, labeling, graphic arts, and industrial markets.
“We are enthusiastic to bring MinusNine into the ICP Industrial family,” said Paul Grzebielucha, President of ICP Industrial. “The opportunity for continued growth and our complementary cultures make this an ideal fit. Through sharing best practices, scalable operational capacity, advanced technologies and talented leadership and employees, we can leverage both companies’ capabilities to deliver great value to our customers and increased opportunities to our team members.”
As part of the larger platform company, ICP Group, ICP Industrial provides opportunity for continued growth and added strength through raw material purchasing synergies, technological collaboration, and shared service. With the addition of MinusNine’s extensive product offerings, advanced technologies and talented employees, the ICP Group further expands its leadership position in the Coatings, Adhesives, Sealants and Elastomers (CASE) markets.
“We are excited to welcome MinusNine to the ICP team,” said Doug Mattscheck, CEO of the ICP Group. “Our combined brands, products and technologies propel us into a new chapter for our Industrial division. Additionally, this acquisition will strengthen our ability to support our customers through innovation, as we continue to lead the specialty coatings and adhesives markets.”
Innovative Chemical Products (the ICP Group) is a portfolio company of Audax Private Equity.
About ICP Industrial, a division of the ICP Group
A global leader in the development, application and technical support of specialty coatings, ICP Industrial delivers innovative solutions to the packaging, labeling and graphic arts industries. Trusted product brands Nicoat® and MinusNine are part of our high-performance portfolio of aqueous, UV/EB and specialty coatings and adhesive technologies. Our passion lies in delivering high-quality customer solutions, dedication to quick turnaround times and industry leading custom innovation. For more information, please visit www.ICPIndustrial.com.
About ICP Group
Innovative Chemical Products (the ICP Group) is a leading specialty chemical company engaged in the formulation, manufacturing, and marketing of coatings and adhesives. With operations headquartered in Andover, MA, and additional manufacturing and warehousing in Norton, OH, Waukegan, IL, Itasca, IL, Tomball, TX, and Coral Springs, FL., ICP serves the architectural, specialty construction, packaging, printing and sport surfaces end markets. ICP is privately held and manufactures products under several specialty brands, including Polyset, Handi-Foam, California Paints, Fiberlock, Dry-Treat, Storm System, Nicoat, Rock-Tred, and California Sports Surfaces. For more information on ICP, please visit www.ICPGroup.com.