Global leader in industrial cleaning products based in North America acquires a Canadian chemical division, expanding its offerings to include molten salt for the heat treat market.
Kolene Corporation has acquired the chemical division of Park Thermal International Corporation. The president of Park Thermal, Jay Mistry, will work with Kolene going forward to assure the transition of all Park Thermal standard and proprietary heat treat chemical blends, as well as providing customer support.
Vice President of Purchasing
Kolene
Source: PRNewsWire
"We are very excited to broaden our molten salt offerings into the heat treat market and utilize Jay’s extensive chemical knowledge and excellent technical customer support to do so," says Peter Shoemaker, VP of purchasing at Kolene. "It’s great to have Jay as a partner with Kolene as we relaunch the industry trusted Iso-Therm product line."
"We were challenged with the Covid downturn in our business," stated Jay Mistry, "and we were looking for a strong partner to continue supporting our established customer base. I am glad to have found the Kolene team, a trusted and competent North American partner who has the technical and commercial bandwidth to carry our heat treat salt business into the next phase."
Kolene Corporation has been a trusted brand for both ferrous and non-ferrous metal cleaning products for 82 years and is also known for their ferritic nitrocarburizing (FNC) salts.
Park Thermal International Corporation of Georgetown, Ontario, Canada, was founded in 1938. Jay Mistry started as chemist at Park Thermal in 1989 and bought out the company from Brian Reid in 2017. Since then, Park Thermal has developed chemical blends for special client demands.
