7ca se stu dy
helps achieve further economies
of scale, and improve the group's
ability to be price competitive in
global markets.
"The new facility enables us to
consolidate all four of our current
manufacturing plants under one
roof and also ensure the seamless
integration of our administrative
arms between ChemSpec and
House of Paint," says ChemSpec
CEO, Strath Wood.
JSE-LiStEd
ChemSpec converted from a pri-
vate company to a public company
The new board of direcTors, who lisTed on The Jse alT-X eXchange in november 2007
subscribe for free
on October 22, 2007, and was listed
on the JSE AltX on November 6,
2007. This was a strategic move
that would fund the rapid global
expansion drive of the company.
The company also appointed
Ivan Clark, past winner of the
KwaZulu-Natal Top Businessman
of the Year award, as the com-
pany's new Independent Non-
executive Chairman. Clark is the
Chairman of Grindrod Limited and
Grindrod Bank Limited. He joined
the Grindrod Group in 1977 and
became Chief Executive in 1999.
During his time at the helm of
ChemSpec
The SeRVOCheM GROup
The servochem group of companies are the largest independent supplier of raw materials to the surface coatings
industry. The companies' success has been built on providing service excellence alongside quality raw materials. we
also offer an unrivalled technical service to our customers including formulating assistance, product evaluations, field
technical service and new product development. owning our own warehouses and fleet of trucks in Johannesburg,
durban, cape Town and Port elizabeth, we offer a national distribution network to our suppliers, who include cray
valley, huntsman Tioxide, rohm and haas, byk chemie, hexion, lanxess, Perstorp, dow, icc, engen, cappelle,
hulamin and grace davison.

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