They are a global, diversified producer of high technology specialty chemical products and provider of technical services. Their business involves the formulation of a broad range of specialty chemicals created by blending raw materials through multi-step technological processes and formulating active ingredients into final products. These specialty chemicals are sold into multiple industries, including agricultural, electronics, graphic arts, metals and plastic plating, and offshore oil production and drilling. They refer to their products as “dynamic chemistries” due to their intricate chemical compositions. Their dynamic chemistries are used in a wide variety of attractive niche markets.
Platform Specialty Products Corp. is in talks to sell its agricultural-chemicals business to London-based Wilmcote Holdings PLC for about $3 billion.