International Specialty Products Acquires the Business of Biochema Schwaben

International Specialty Products Acquires the Business of Biochema Schwaben 


WAYNE, N.J., Mar. 9  /PRNewswire-FirstCall/ -- International Specialty Products
Inc. ("ISP") today announced that, through its subsidiaries, it has acquired the
business of Biochema Schwaben ("Biochema").  Biochema is a recognized formulator
of preservatives and biocides for industrial and personal care applications with
a reputation for customer service and new product development.  Using a
combination of research and development and in-house blending spanning more than
five decades, Biochema has developed a wide range of products with applications
primarily in printing, paints and coatings, polymer emulsions, skin care and
hair care markets.  Biochema has customers in 40 countries and its headquarters
and manufacturing facility are located in Bavaria, Germany.

Sunil Kumar, ISP's President and Chief Executive Officer, commenting on the
acquisition stated, "Biochema is a strategic, high value acquisition for ISP's
biocide franchise, which helps us expand our geographical footprint and our
product range.  With its world-class technical capabilities, Biochema will
accelerate the growth of ISP's Industrial Biocide and Personal Care platforms in
Europe and around the world.  We welcome the employees of Biochema into the ISP
family."

For further information, please visit http://www.ispcorp.com/.

International Specialty Products Inc. (ISP) is a leading global supplier of
specialty chemicals and performance-enhancing products for a wide variety of
personal care, pharmaceutical, food, beverage and industrial applications. ISP
produces more than 400 specialty chemicals which it markets and sells worldwide.
 The company's headquarters is located in Wayne, New Jersey, USA.

This press release may contain "forward-looking statements" within the meaning
of the federal securities laws and, as such, concerns matters that are not
historical facts.  These statements are subject to risks and uncertainties that
could cause the actual results to differ materially from those expressed in such
statements.  Important factors that could cause such differences are discussed
in the Company's filings with the U.S. Securities and Exchange Commission and
are incorporated herein by reference. 

DATASOURCE: International Specialty Products Inc.



CONTACT:  Raj Riswadkar, Director, Corporate Development of International

Specialty Products Inc., [phone]



Web site:  http://www.ispcorp.com/ 

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