Velsicol Chemical Corp
Memphis, United States, Tennessee, United States | Liquid Oils and Chemicals Recycling
History
Velsicol is a company rich in history, dating back to its formation in 1931. Initially, the company was involved in selling petroleum-derived chemicals. Over the years, the company was also heavily involved in various agricultural-related businesses, providing a wide range of pesticides and insecticides. In the 1980s, Velsicol was taken private when the company became more focused on benzoic acid and derivatives and more specifically, plasticizers. In 2005, the company was purchased by Arsenal Capital, a private equity firm.
At that time, the focus of the company continued to be investing in high-performance and specialty chemicals. In 2010, a sister company of Velsicol’s, Genovique Specialties, was sold. In 2011, Velsicol formed Resnovae Technologies, a business that sells a wide range of brominated and halogen-free flame retardants. In 2012, the company was sold to its current management team. And today, the business is owned and run as a privately owned company by an executive management team who have all worked for the company for many years.
Throughout its long and storied history, Velsicol has grown to become a global business that continues to focus on the basics of building a strong foundation anchored with a solid set of values. Our goal is to forge partnerships with our customers, suppliers and communities in which we do business.
With more than 80 years of experience under its belt, Velsicol is a company that is fully focused on sustainable growth. The Velsicol of today and tomorrow will carry on the tradition and commitment to its core values of Service, Quality and Product Stewardship.
Value Proposition
KEY ITEMS IN SUPPORT OF OUR CORE VALUES AND VALUE PROPOSITION
- Experienced management team running a privately owned and flexible organization.
- World-class, local and responsive customer service and sales representation in locations around the globe.
- Long history of providing value solutions to customers with a sustainable, customer-centric approach.
- Consistent, high-quality products that are manufactured to the same specifications anywhere in the world.
- Socially responsible approach as it relates to product stewardship, product and work-rule safety, and giving back to the communities in which the company conducts business. A dedicated team lead by Memphis Environmental Center located in Memphis, TN supports our legacy footprint and focuses on environmental related issues.
- Continual investment in cost-effective technology.
- Local warehouses and inventory as well as expertise in managing complex global supply chains.
- Diversified, sustainable and environmentally friendly Velsiflex product portfolio.
Company Details | |
---|---|
Company Name | Velsicol Chemical Corp |
Business Category | Liquid Oils and Chemicals Recycling |
Address | Memphis, United States Tennessee United States |
President | NA |
Year Established | NA |
Employees | NA |
Memberships | NA |
Hours of Operation | NA |
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