Prayon acquires NEI in the US reinforcing its presence on the phosphate salts market

Prayon acquires NEI in the US reinforcing its presence on the phosphate salts market 

August 30th 2024 – Prayon, a global player in phosphorus chemistry, has officially acquired the US-based company Natural Enrichment Industries (NEI), a producer of calcium phosphate salts (TCP).  This strategic move marks a significant milestone in the Group expansion in the US and further solidifies its global position on the high value-added calcium phosphate salts market.

The NEI production sites located in Southern Illinois (Herrin and Sesser) complement the existing Prayon production plant of phosphate salts based in Augusta (Georgia) and expand the Group’s offering of solutions for food and technical applications. Situated in the heart of the Midwest, the new facilities are ideally positioned to further serve customers across the US, Canada and beyond. “We are looking forward to working together to leverage the synergies between our sites”, comments Laurent Beckers, site director of Prayon in Augusta.

For Steve Frattini, Mayor of Herrin, “The investment of a key economic actor such as Prayon in Herrin and Sesser will reinforce the local anchorage of the phosphorus industry”. 

“We are delighted to welcome NEI’s team to the Prayon Group and to envision together the prospects for growth. By joining forces, we are poised to broaden our reach on the high-added value niche market of calcium phosphate salts, create new business opportunities through our Prayon network and deliver reliable solutions to our customers.” concludes Geoffrey Close, CEO of Prayon. 

This acquisition aligns perfectly with Prayon strategic vision to focus on its core business and reinforce its global competitiveness.

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Contact :

Corine Petry

Head of Communications

E-mail: CPetry@prayon.com

Mobile: +32.474.84.42.78

About Prayon   

With a heritage of over 140 years of experience, Prayon is a major player in phosphorus chemistry. Prayon manufactures and markets an extensive range of purified phosphoric acids, phosphate salts and fluorine products used in food (bakery, meat, seafood, beverages…), technical (electronics, glass…) and plant nutrition applications. 

We are also proud to provide innovative technical solutions, world-class equipment and high-quality products that set the pace in the world of phosphorus. Committed to building a sustainable future, we are developing more efficient processes, protecting resources and promoting a circular economy.

Based in Belgium, the Prayon Group, that employs 1,500 people across the world, has production sites in Belgium, France, Switzerland and the United States and is jointly owned by OCP and Wallonie Entreprendre (WE).