Innospec Inc. has acquired Chemsil Silicones Inc and the Chemtec Chemical Co., from its private owners. Chemsil develops and markets silicone-based formulations to the personal care industry. Chemtec, which distributes a wide range of personal care ingredients, is focused on customers on the West Coast. The companies have combined sales of $40 million. Commenting on the deal, Patrick Williams, President…
