Ajay Chemicals was formed in 1972 by Abner Towers and John Trotter. Formerly a chemist and a sales executive, respectively, Towers and Trotter saw an opportunity in the U.S. textile industry for better dye-oxidation technology based upon the element iodine. Beginning with potassium iodate as this oxidizer, the two men launched a company that grew from experiments in John Trotter’s kitchen to one of the world leaders in iodine-based chemicals.
As the pharmaceutical and industrial use of iodine grew in Europe, Ajay Chemicals expanded their iodine production and distribution capabilities. In 1992, the company built its second manufacturing and distribution facility – Ajay Europe Sarl, Evron, France – to serve the European, Middle Eastern and African markets.
By 1995, the company’s consumption of iodine increased to a point where iodine availability limited company growth. To secure a dependable source of iodine, Ajay Chemicals formed a joint venture with Sociedad Química y Minera de Chile S.A. (SQM), holder of the world’s largest known iodine reserves. Partnering with SQM’s own derivatives manufacturing company in Santiago, the Ajay-SQM Group of companies added Ajay-SQM Chile SA, and became the largest consumers of iodine and the largest producer of iodine derivatives in the world. With the purchase of DSM Minera’s iodine derivatives plant in northern Chile in 2006, Ajay-SQM Group added a fourth manufacturing site. Using a dedicated supply of iodine from the world’s largest iodine producer, the Ajay-SQM Group linked iodine supply and fine-chemical expertise in multiple manufacturing sites with a diverse global distribution network to capably provide an array of iodine derivatives to the world market.
Today, the Ajay-SQM Group still leads the market with strength of supply and product quality. In 2007, the group went a step further by introducing the Iodeal Brand™ of products, which represents the company’s commitment to its customers. The Iodeal Brand™ is essentially a promise to customers that they can depend on every product to be manufactured with consistent processes, consistent standards, and consistent quality, no matter the ASG facility in which the material is produced. The company’s goal is simple: to give valued customers peace of mind that the iodine products on which they bank the success of their own companies have been given the utmost care and attention.