Profile: Aceto Corp (ACET.O)
28 Apr 2017
Aceto Corporation (Aceto), incorporated on June 13, 1947, is engaged in the marketing, sales and distribution of finished dosage form generic pharmaceuticals, nutraceutical products, pharmaceutical active ingredients and intermediates, specialty performance chemicals inclusive of agricultural intermediates and agricultural protection products. The Company's business is organized along product lines into three segments: Human Health, Pharmaceutical Ingredients and Performance Chemicals. As of June 30, 2016, the Company distributed over 1,100 chemical compounds used primarily as finished products or raw materials in the pharmaceutical, nutraceutical, agricultural, coatings and industrial chemical industries. The Company has presence in China, Germany, France, The Netherlands, Singapore, India, Hong Kong, Philippines, the United Kingdom and the United States.
The Company's Human Health segment includes finished dosage form generic drugs and nutraceutical products. The Company supplies the raw materials used in the production of nutritional and packaged dietary supplements, including vitamins, amino acids, iron compounds and biochemicals used in pharmaceutical and nutritional preparations. The Company, through its subsidiary Rising Pharmaceuticals, Inc. (Rising), holds interest in PACK Pharmaceuticals, LLC (PACK). The Company sells generic prescription products and over-the-counter pharmaceutical products under the Rising label to wholesalers, chain drug stores, distributors and mass merchandisers.
As of June 30, 2016, the Company's Pharmaceutical Ingredients segment had two product groups: Active Pharmaceutical Ingredients (APIs) and Pharmaceutical Intermediates. The Company supplies APIs to a range of generic drug companies. The Company is also a supplier of pharmaceutical intermediates, the complex chemical compounds that are the building blocks used in producing APIs.
The Company's Performance Chemicals segment includes specialty chemicals and agricultural protection products. The Company is a supplier to a range of industrial segments providing chemicals used in the manufacture of plastics, surface coatings, cosmetics and personal care, textiles, fuels and lubricants. The Company provides various specialty chemicals for the food, flavor, fragrance, paper and film industries. Its raw materials are also used in various technology products, such as electronic parts used for photo tooling, circuit boards, production of computer chips, and in the production of various gadgets. The Company's agricultural protection products include herbicides, fungicides and insecticides, which control weed growth, as well as the spread of insects and microorganisms that can damage plant growth. The Company also offers a sprout inhibitor for managing the storage life of potatoes and an herbicide used to control sedge on rice. Its dye and pigment intermediates are used in the color-producing industries, such as textiles, inks, paper and coatings. Its organic intermediates are used in the production of agrochemicals.
4 Tri Harbor Ct
PORT WASHINGTON NY 11050-4661