# Eco Safety acquires Soy Technologies to expand biobased coatings

Eco Safety (ESP) of Phoenix, Arizona, acquired Soy Technologies, a Lexington, Kentucky-based specialty chemical manufacturer. The acquisition includes all brands and intellectual property; production is expected to commence by mid-July 2022.

- Type: Acquisition
- Announced: 2022-06-30
- Where: Phoenix, Arizona, United States
- Status: announced
- Products: biobased coatings, methylene chloride alternatives, paint strippers, chemical intermediates
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Eco Safety](https://endata.com/companies/63839.md) (acquirer)
- [Soy Technologies](https://endata.com/companies/63840.md) (target)

## Sources

- [bioplasticsmagazine.com](https://www.bioplasticsmagazine.com/en/news/meldungen/20220701-coatings.php), 2022-06-30: "This is an extremely desirable strategic fit with our growing biobased chemical technologies used to make non-toxic, eco-friendly paints, stains, sealers, coatings, and cleaning chemicals."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.