10900 Harper Avenue, Detroit, MI 48213

FOR IMMEDIATE RELEASE:

PVS Chemicals Acquires DX/DPC

PVS Chemicals of Detroit Michigan has acquired the stock of Houston based DX Holding Company Inc. (DX/DPC).

Consistent with PVS’s management of its other businesses, the company intends to manage DX/DPC as a stand-alone independent subsidiary. Going forward, under PVS ownership, customers and vendors can expect the same consistent service that DX/DPC is well known for. As of June 1st, Kurt Filer, a longtime DX/DPC employee and the current General Manager will take over as DX/DPC’s President.

DX/DPC Chairman Reed Morian states, “We are incredibly proud of the hardworking men and women who have made DX/DPC a successful business for seventy-seven years. I think the opportunity for the combined companies is enormous.

PVS President and CEO David Nicholson states, “PVS and DX/DPC leaders see the potential these two companies will create together. Both are family-owned and have a long history of outstanding customer service. Both companies produce related products and together, our combined efforts will create a larger footprint across the U.S.”

About the two companies:
PVS currently has more than 1,400 employees worldwide and has fourteen manufacturing plants and several distribution facilities across the U.S., Canada, Europe, and Asia. They are a leading global provider of basic and specialty chemicals for a variety of markets, providing innovative solutions, comprehensive support and added value to their customers.

DX/DPC Industries serves its customers through nineteen locations within the United States. They are manufacturers of water treatment chemicals and industrial chemical products. The Company manufactures chemicals such as chlorine, sulfur dioxide, caustic soda, and other water treatment chemicals.