ALBUQUERQUE, NM, October 24, 2011 – Rinchem Company, Inc., a global provider of chemical management solutions, publicly announced today the sale of its environmental services business assets to Advanced Chemical Transport (ACT), a privately held waste management company based in Sunnyvale, California. Rinchem locations that will be transitioned to ACT include a permitted treatment, storage and disposal facility in Albuquerque, New Mexico and three waste collection facilities located in New Mexico and Mexico. “We made a strategic decision to divest the environmental services portion of our business to better align our investments and activities with Rinchem’s core business, which is to be the lead logistics provider for manufacturers and end users of pre-packaged specialty chemicals and gases,” said Chuck Breinholt, President of Rinchem Company.
Advanced Chemical Transport offers a wide variety of environmental services, including biohazardous waste management and disposal. As one of the top 100 recyclers nationwide, ACT provides its clients with customized, safe and efficient solutions for their hazardous waste management and disposal needs. Both companies have put a transition team in place to ensure that the transfer of ownership will be as seamless as possible to affected Rinchem customers and that service levels will be maintained.
For more information about Rinchem’s sale of its environmental services business, please contact a Rinchem representative at 1-888-3PL-CHEM (1-888-375-2436) or at firstname.lastname@example.org.
Director of Operations
Christopher P. Wright
Director of Sales and Marketing
Rinchem Company, Inc
About Rinchem Company, Inc.
Rinchem Company is a leading provider of chemical management services to the semiconductor, chemical manufacturing, pharmaceutical and biotechnology industries in North America, Asia, and the Middle East. The company’s network of warehouses and transportation fleet provides its customers with full supply chain management solutions related to chemicals and environmental concerns. In business since 1976, Rinchem provides comprehensive services including chemical warehousing, transportation and safety and regulatory training and consulting. More information is available at www.rinchem.com or 1-888-3PL-CHEM.