IPP completes acquisition of CDMO’s API process plant equipment

The IPP team has 47 years of experience repurposing idled assets, putting the safety and well-being of our team members and clients at the forefront. That’s why customers keep coming back for their process plant and equipment solutions.

PRINCETON JUNCTION, New Jersey  – International Process Plants – a global leader in the purchase and sale of new and used process plants, systems and equipment – has successfully completed the purchase and accelerated dismantling of an API pharmaceutical plant located in the United States.

The active pharmaceutical ingredient (API) facility was previously owned by a prominent pharmaceutical/contract development and manufacturing organization (CDMO) that is headquartered in Europe.

Terms of the deal were not disclosed.

IPP adds to selection of process plant equipment

This acquisition strengthens IPP’s portfolio of high-quality API manufacturing equipment. It also reflects the company’s commitment to meeting the urgent needs of the global process industries and working with customers to dispose of facilities they are closing in the most expeditious manner with the best economic return.

The project required an expedited dismantling process to meet the seller’s ambitious timeline, after which much of the equipment was relocated to IPP’s primary storage and operations center in Eastover, South Carolina. IPP performed the removal for reuse of key process and utility related assets and infrastructure, allowing the existing API facility to be repurposed as a warehouse operation, providing continued utility for the building and supporting sustainable reuse efforts in the community.

Some of the notable equipment going to Eastover includes 18 reactors, 20 tanks, four filter dryers, centrifuges, vacuum dryers, chillers, heat exchangers, boilers and vacuum pumps.  The equipment materials of construction are Hastelloy, Glass-Lined, Stainless and Karbate.

“Buying idle plants and equipment and then performing the safe and timely removals is the mainstay of IPP’s business,” said Jan Gale, IPP’s Executive Vice President. “The businesses we deal with are in and related to the chemical, pharmaceutical and petrochemical industries. As a result, our teams are keenly aware of the everyday hazards present in these environments.”

This IPP acquisition aligns with its mission to supply customers with a versatile inventory of good used, reglassed and new process equipment, in addition to the 20 complete process plant sites that IPP owns. These 20 sites can be restarted in place or relocated elsewhere in the world where it makes sense to operate them.

IPP, which has been in business 47 years, also has 110 complete processes that can be moved to your site and 15,000 equipment systems and major pieces of equipment. These assets offer significant cost and delivery advantages for companies across the globe, Gale said, while supporting efficiency and scalability in a time-sensitive market with multiple choices from just one company.]

For more information about this equipment or how IPP can develop custom solutions in new, reglassed and used to meet your specific equipment needs, visit IPP here or call 1-609-586-8004.

To learn more you also can visit internationalprocessplants.com (used plants and equipment), galeprocesssolutions.com (new Alloy machinery and equipment) and uge-inc.com (new and used and rebuilt quality glass-lined equipment and parts).

About International Process Plants

International Process Plants is a global leader in the purchase, sale and redeployment of used and new process manufacturing plants and equipment. It has operations in 15 countries. The company currently has 20 complete plant sites, 110 complete processes and more than 15,000 equipment systems and major pieces of equipment. IPP’s focus industries include chemical, pharmaceutical, petrochemical, fine/specialty chemical, agrichemical/fertilizers, plastics/polymers, steel, oil/gas, food processing, power generation, paper, and metals processing/refining industries. The IPP Group of Companies also includes Universal Glasteel Equipment (UGE), a glass-lined equipment manufacturer and remanufacturer, and Gale Process Solutions (GPS), a manufacturer of alloy process equipment. IPP is based in Princeton Junction, New Jersey.