Paint & Coatings Manufacturer News

Chase Corporation Acquires ServiWrap Product Line

February 8, 2010

Chase Corporation, a global manufacturer of protective tapes and coatings, has acquired the full range of ServiWrap pipeline protection products from Grace Construction Products, a unit of W.R. Grace & Co. ServiWrap high performance tapes, which have been protecting offshore and onshore pipelines from corrosion around the world for more than 30 years, will be manufactured and distributed by Chase Corporation. ServiWrap/ServiShield anti-corrosion systems have provided protection for new and refurbished oil, gas and water pipelines on thousands of miles of pipe used in projects around the world. The acquisition of ServiWrap complements the portfolio of Chase pipeline protection tapes, coatings and accessories and will extend Chase Corporation’s global customer base. ServiWrap also builds upon Chase’s most recent acquisition, C.I.M. Industries, manufacturers of high performance immersion coatings for the water and wastewater industry.