Acquisition in Texas for Coim USA

Specialty chemical manufacturer and part of the global Coim Group, Coim USA acquired a 20-acre property in New Boston, Texas, from Palmer International. The acquisition includes an existing logistics infrastructure, as well as a new, renewable polyol product line, consisting of materials made principally from rapidly-renewable Cashew Nutshell Liquid (CNSL). 

Such a product line will complement Coim’s existing Isoexter line of polyester polyols, allowing them to better serve the market. Coim also plans to expand operations at the new site, adding more than 45,000 tonnes of capacity for additional product lines by the middle of 2027.

“This acquisition represents a significant milestone in Coim USA’s long-term growth strategy,” said Michelangelo Cavallo, President of Coim USA. “The New Boston location broadens our geographic reach, expands our sustainable portfolio, and enhances Coim USA’s ability to serve customers with greater speed, efficiency, and resiliency.” 

The New Boston site will create operational synergies by enhancing Coim USA’s current product portfolio with innovative, sustainable materials. The planned expansion will also deliver geographic efficiencies and operational redundancy, with the goal of ensuring consistent service and supply reliability for customers across North America.