NCS Resins is the largest manufacturer of unsaturated polyester resins in Africa and a leader in the development and supply of innovative test technology for the composites and allied industries.
The company is headquartered in Pinetown in KwaZulu-Natal, South Africa, with a strong presence in East and West Africa and the Indian Ocean Islands.
Operating as a subsidiary of Ferro South Africa, a privately owned company now a part of The Bud Group, NCS Resins manufactures and supplies a complete range of high quality resins, ancillary products and accessories, and processing equipment suitable for all fabricating methods.
NCS Resins operates under a technology licence agreement with Reichhold, the world’s largest manufacturer of polyester resins, to manufacture the Norpol, Polylite, Hydrex and Dion brands, in addition to in-house developed technology. All resins are manufactured according to ISO 9001: 2008 Quality Management Systems with many individual products on the Lloyds register. NCS Resins represents leading international principals in accessory supplies (a list of which can be found here).
Extending NCS Resins’ reputation for technological innovation and outstanding customer service, the Technical Services division delivers reliable applications support, customer-specific products and innovative services in materials characterisation and analysis.
Customers span diverse sectors such as the construction, marine, sanitaryware, decorative, fashion, electrical, automotive, mining and corrosion industries.
Established as Natal Chemical Syndicate (NCS) to manufacture methylated and rectified spirits for tanning industry.
Unsaturated Polyester Resins (UPR) products under licence
from Scott Bader (UK).
Halted rectified spirits and became NCS Plastics.
Purchased by Sentrachem who were already manufacturing Polyester Resins under license from Reichhold (US) subsequently forming NCS Resins.
Dow Chemical Company acquires Sentrachem.
Private Equity (Brait SA) leveraged MBO and merged with Vereguard (Pty) Ltd, (importer of Derakane brand of resins).
Brait SA sell to Medu Capital (Braits BEE initiative) while internationally Ashland buys Derakane from Dow.
Medu Capital sell to Investec Bank Limited who take 76% control.
100% acquisition by Ferro Industrial Products.
Ferro Industrial Products name changed to Ferro South Africa.
SynChem is formed under IEP as a diversified South African chemical holding company consisting of Idwala, CJP Chemicals, Ferro South Africa, Botash, Cerebos, NCP Chlorchem and Walvis Bay Salt Holdings.
IEP acquires Investec portfolio inclusive of the Ferro Group.
1 August 2018: NCS Resins is integrated into the Bud Group. SynChem’s name is changed to Bud Chemicals and Minerals, a platform of The Bud Group.
Driven by innovation and agility, The Bud Group is a diversified business of scale and relevance operating across chosen platforms including, Chemicals and Minerals, Industrial Services, Building Materials, Financial Services and Industrial Supplies. The Bud Group is present in 9 provinces in South Africa and operates in 12 countries in Africa. www.budgroup.co.za