Profile: Aceto Corp (ACET.O)
Aceto Corporation (Aceto), incorporated in 1947, is primarily engaged in the sourcing, regulatory support, quality assurance, marketing, sales and distribution of pharmaceutical intermediates and active ingredients, finished dosage form generics, nutraceutical products, agricultural protection products and specialty chemicals used principally as finished products or raw materials in the pharmaceutical, nutraceutical, agricultural, coatings and industrial chemical consuming industries. The Company operates in three segments: Human Health, Pharmaceutical Ingredients and Performance Chemicals. The Company has operations in nine countries; it distributes more than 1,100 chemical compounds used principally as finished products or raw materials. The Company has presence in China, Germany, France, the Netherlands, Singapore, India, Hong Kong, the United Kingdom and the United States, along with warehouses worldwide.
The Company’s products that fall within the Human Health segment include finished dosage form generic drugs and nutraceutical products. Aceto 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 Pharmaceutical Ingredients segment has two product groups: Active Pharmaceutical Ingredients (APIs) and Pharmaceutical Intermediates. The Company supplies APIs to all the generic drug companies.
The Performance Chemicals segment includes specialty chemicals and agricultural protection products. The Company provides chemicals which make plastics, surface coatings, textiles, fuels and lubricants to perform to their designed capabilities. These additive specialty products include antioxidants, photo initiators, catalysts, curatives, brighteners and adhesion promoters. The COmpany provides specialty chemicals for the food, beverage and fragrance industries. Aceto’s raw materials are also used in technology products, such as electronic parts (circuit boards and computer chips) and binders for specialized rocket fuels. Aceto is also supplies of diazos and couplers to the paper and film industries. Specific end uses for these products include microfilm, blueprints and photo tooling of printed circuit boards.
The Company also provides organic intermediates and colorants. The color producing industry manufactures an assortment of products and Aceto is the supplier of choice to these producers of color. From textiles and plastics to inks and paints, its specialty colorant intermediates allow manufacturers to develop an endless rainbow of colorful possibilities. Aceto’s agricultural protection products include herbicides, fungicides and insecticides which control weed growth, as well as the spread of insects and microorganisms. One of Aceto’s agricultural protection products is a sprout inhibitor that extends the storage life of potatoes. Aceto has an ongoing working relationship with manufacturers in China and India.
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