InChem is expanding the focus of Chemvalon

Rock Hill, SC November 10th, 2020

Press Release – Chemvalon

InChem is expanding the focus of Chemvalon, it’s business advisory company which is now
available to non-InChem clients and Private Equity Investors.

Launched in 2015, Chemvalon is an executive-level business services company providing expert
project, advisory and hands-on interim management services. Chemvalon offers a bespoke service
to all aspects of supply-chain, manufacturing and commercial development processes, with a
special focus on polymers, coatings and specialty chemicals.

Chemvalon is managed and led by specialty chemicals and coatings industry veterans Jack
Bostock, Steve Crownshaw and Jon McCracken. Chemvalon is supported by a broad and deep
advisory group of equally talented chemical industry experts.

We are expanding Chemvalon to leverage our decades of successful industry experience to
service a wider market. Having worked with many large multi nationals and privately held
companies, Chemvalon executives harness a unique level of business expertise, covering every
aspect of commercial planning and strategic development. We offer support and advisory services
in plant operation, quality, process control and supply-chain methodologies, as well as chemical
process design and engineering.

The unique Chemvalon approach, “Fast Track Triage,” centers on a refocused value proposition
assessment that is results driven and can be used to revitalize and add value to every aspect of a
business’ commercial and operational processes.

Due diligence, commercial revitalization and business turnaround services are also available to
Private Equity investors with chemical industry interests.

We are a one stop shop for assessment, focused on results and business improvement with no
fine print

Jack Bostock Named Chief Commercial Officer Of Chemvalon Business of InChem Group

Jack BostockJack Bostock has accepted the position as Chief Commercial Officer, leading the Chemvalon business which is part of the InChem Group, of Rock Hill, S.C. Bostock will also become part of the InChem operating committee.

Formed in 2015, Chemvalon is a boutique executive consulting business that involves providing service in a customized manner for current and future clients, focused in both the private equity community and specialty chemicals categories.

“The Chemvalon platform allows for business synergy and leverage with the current core business of InChem,” said Jon McCracken, InChem Chief Operating Officer. “This is a very innovative and unique value proposition.

“Combining the consulting expertise of Chemvalon with InChem’s core competencies of toll and contract manufacturing, supporting specialty chemical businesses allows for overall improved efficiencies,” McCracken added. “This creates tremendous value to our prospects and future customers.”

“Jack is a strong professional leader with a proven track record,” McCracken said. “He has expertise in market segmentation, new business commercialization, creating value internally and externally while providing focus that extends business performance and improves EBITA margins.”

Bostock began his career in research and development and has been engaged in the coatings and specialty chemicals markets for over 30 years in executive leaderships roles at both Valspar and RPM International, Inc.

He will work closely with the executive management team of the InChem group, specifically with its Chemvalon business model, determining innovative ways to combine InChem products and services as a clear market differentiator.

InChem Holdings, Inc., formed in 1992, has facilities and operations in Rock Hill, S.C. The company provides a wide range of custom, contract and toll specialty chemical manufacturing and blending services for major chemical and other manufacturing companies worldwide. InChem is committed to the highest standards of health and safety, quality control and environmental stewardship. Learn more at and .

Measuring Process Yields Can Impact Your Bottom Line

2-rows-vatsMany chemicals are produced using batch processes.

This basically means that a batch of product is made by adding several ingredients to a reactor, allowing them to mix and react, and then the finished product is taken out of the reactor and put into containers for sale or use.

In an ideal world, you would add a ton of ingredients and output a ton of finished products. Of course we do not live in an ideal world. In most cases the output is less than the sum of the inputs – and there is good reason.

… Read More

Corporate Carve Outs Require More Due Diligence

Buying a complete chemical manufacturing business or company has become a fairly straightforward process, but over the last few years, many large companies have been selling off pieces of businesses in what has become known as a “carve-out transaction.”

due-diligence-47708379_sA carve-out transaction can be a bit more tricky. More due diligence is required. Sometimes the business being carved out will have shared assets, service, utilities and even shared management. It could even be just a product line. In many cases separate historic business information is unclear. It is not unusual to find that the carve out is little more than a technical package and a customer list.

These can be great acquisition opportunities, but they often come with a commensurate increase in risk.

Carve out transactions require significantly more due diligence than normal. The acquiring parties often do not have the additional resources or experience needed to do the work required. Chemvalon can provide cost-effective experience to help the acquisition due diligence process and as well as post-acquisition transition help.

If you are considering a carve out acquisition or sale, why not ask Chemvalon to help with pre-sale preparation or pre-acquisition due diligence. Chemvalon has a team of industry specialists capable of adding the extra horsepower your team needs to get the job done. Chemvalon can provide both buy-side and sell-side due diligence.

You Only Get What You Inspect

Chemical companies tend to be capital intensive and usually have good, effective systems to control hazards and risks.

inspector-20660921_sBut still things go wrong. Why?

More often than not it’s the little things, that, left unchecked, snowball into bigger things. Usually it’s human error. In most cases, it turns out that a procedure was not followed and nobody noticed or cared until it was too late.

At Chemvalon, we have a saying, “ You get what you inspect, not what you expect.”

As part of due diligence, we look for checks and balances, and we check for objective evidence of compliance. Sign-off sheets are great – but what does your gut tell you? Does it really look like the task signed off was performed with knowledge and enthusiasm?

Simple housekeeping is a good barometer of the health of a business. All the systems in the world will fail unless someone actually takes the time to inspect and report on what is actually happening. Employee interviews will often reveal that all those systems are just paper over the cracks.

Let Chemvalon inspect your acquisition target to ensure that you really get what you expect. Essential chemical industry due diligence starts with Chemvalon.

The Importance of Safety Guards for Manufacturing Equipment

Every year thousands of workers in the US are injured because equipment safety guards are either missing or incorrectly installed.

high-voltage-warning-34092926_sAs part of your due diligence study, a quick tour of the factory will reveal a lot if you know what to look for.

Rotating equipment such as motors and gearboxes are easy items to check. All too often a maintenance operation is left incomplete because the equipment guard was not reinstalled. The equipment is put back into service, but without the safety guard, the situation is ripe for a serious accident.

Equipment guarding is not usually expensive and in most cases it is an easy fix. Loss of life or limb from unguarded equipment is always serious and can never be fixed.

Don’t buy a business that has pre-existing OSHA violations. As part of your acquisition due diligence, ask Chemvalon to provide an assessment of the state of equipment guarding and the likely cost to remediate the problem.

Chemvalon provides operational due diligence services to Private Equity investors.

Where Does That Drain Go?

drain-42451962_sChemical plants are different from most other businesses. Floor drains in a chemical plant are a major cause for concern. At Chemvalon, a common question we ask is, “Where does that drain go?”

On the face of it, it’s a fairly innocent question. The replies we hear are often a major cause for concern.

Most chemical companies operate subject to various permits which restrict how chemicals are used and stored on site. Many chemicals, and especially waste chemicals awaiting disposal, are required to be stored within a secondary containment area. The correct design and construction of secondary containment is essential. Correct management of those areas is a must.

… Read More

Maintenance Or Repair – How To Decide

maintenance-repair-37846418_sWhen buying a used car, it’s always good if you can see a pile of maintenance records. Someone took care of the car and spent money to make sure it was kept in good shape.

Buying a chemical company is just the same, and in any assessment of the condition of a plant, a good place is to start is in the maintenance department.

Chemvalon often reviews budgets and financial statements which show expenditure on repairs and maintenance. But which cost is it? A repair cost, or a maintenance expense?

… Read More

Hotwired for Success – Electrical Installations

electrical-wiring-36915673_sDue diligence is all about risk and reward. How far do you go and just when do you stop spending?

The integrity of electrical installations is not always easy to assess, but some basic buy-side due diligence need not be expensive when weighed against the risk.

But remember, electrical installations tend to fail catastrophically and without an obvious warning. That can be REALLY expensive. Older systems that fail can be impossible to fix, sometimes requiring replacement with new installations – rather than a minor like-for-like repair.

So what can you do?

… Read More

Call Me Back Later

cellphone-34198353_sModern cell phones are much more than ….well…phones.

Modern cell phones are cameras, TV’s, GPS’s, flashlights, credit cards, search engines, computers, remote controllers. The list is endless. And everyone is now firmly attached to their cell phones.

But cell phones are much more. Cell phones are now a leading cause of traffic accidents. Cell phones also pose significant hazards when used in chemical plants.

… Read More