Coim USA Inc.

What Coim USA Inc. does

Coim USA Inc. is the United States subsidiary of C.O.I.M. S.p.A. (COIM Group), an Italian-headquartered specialty chemicals producer founded in 1962 and headquartered in Offanengo (Cremona), Italy. The US entity operates three production sites — West Deptford, New Jersey (operating for approximately 20 years, the founding US site), Paulsboro, New Jersey (added in 2009), and a new greenfield site under development in New Boston, Texas (2025) — producing polyurethanes (CASE — Coatings, Adhesives, Sealants, Elastomers), polyester polyols, polyesters, specialty esters, and TPU pellets. Core technologies include low free-monomer prepolymers, bio-based polyols (Isoexter-E with stated 93% GWP reduction), UREXTER RS and LARIPUR RS product lines with 70% renewable content, and the Novacote NE 810 S + CE 510 compostable adhesive system, all produced under ISCC PLUS mass-balance certification and supported by 9 group-level R&D centers.

The company supplies B2B customers across at least four end markets — industrial CASE manufacturing, flexible packaging (greater than 30% of revenue), construction and building insulation, and footwear — and serves more than 90 countries through a combination of direct technical sales and regional distribution. Backward integration into phthalic anhydride and plasticizers is provided through the 2023 group-level acquisition of Atmosa Petrochemie, supporting cost control on key polyester inputs. Product pricing is quote-based and tailored to customer-specific formulations, with qualification cycles and food-contact regulatory approvals (ISCC PLUS, EcoVadis Gold 2023) functioning as entry barriers in regulated end uses. Revenue mechanics are industrial-volume B2B contracts rather than consumer or subscription pricing.

Name

Coim USA Inc.

Legal name

C.O.I.M. S.p.A.

Website

https://coimgroup.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

101–250 employees

Short description

Coim USA Inc. is the US subsidiary of Italy's COIM Group, manufacturing specialty polyurethanes, polyesters, esters, and TPU pellets at three US sites for B2B customers in industrial CASE, flexible packaging, construction insulation, and footwear across more than 90 countries.

Ownership category

akta.pro rank

Product category

Specialty Chemicals

NAICS

Paint and Coating Manufacturing (325510), Custom Compounding of Purchased Resins (325991), Resin and Synthetic Rubber Manufacturing (32521), Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615)

SIC

Adhesives & Sealants (2891), Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Miscellaneous Chemical Products (2890), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821)

akta.pro primary industry

Specialty Polymers & Resins (Engineered Materials) (IMAEABAK)

akta.pro secondary industries

Polyurethanes (MDI/TDI, Polyols, PU Systems) (IMAEADAH), Industrial & Protective Coatings (IMAEAGAB), Coating & Adhesive Raw Materials (Resins, Additives, Solvents) (IMAEAGAK)

Keywords

• Polyurethane chemicals
• Polyester resins
• Specialty chemicals manufacturing
• Lamination adhesives
• Polyurethane systems

Headquarters

HQ city

Paulsboro

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Specialty Chemicals Manufacturing: COIM Group recorded a turnover of 1.2 billion euros in 2023, with more than 30% generated by the Flexible Packaging business unit. The company manufactures and sells polyesters, polyols, polyurethanes, and special resins through direct sales and distribution networks across 90+ countries.
2. Polyurethane Systems: Production and sale of polyurethane systems and elastomers, including hot cast polyurethanes (IMUTHANE), polyurethane prepolymers, and systems for various industrial applications from mining to printing rolls.
3. Flexible Packaging Solutions: Novacote brand adhesives and Coiminks brand inks for flexible packaging, representing over 30% of group revenue. Products include lamination adhesives, coatings, cold seal solutions, and printing inks.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Coim USA Inc. manufactures and sells specialty chemicals including polyesters, polyols, polyurethanes (coatings, adhesives, sealants, and elastomers), and special resins for composite materials and coatings. The company serves industrial customers across flexible packaging, construction insulation, footwear, automotive, and composite materials end markets, with operations anchored by manufacturing facilities in West Deptford and Paulsboro, New Jersey. Its portfolio is organized around sub-brands such as Novacote (lamination adhesives), Coiminks (printing inks), Laripur (TPU), Urexter (footwear systems), Imuthane (hot cast elastomers), and Isoexter (insulation polyols).

Differentiator

Problem solved

Functional benefit

Brands

• Novacote: Lamination adhesives for flexible packaging in food and pharmaceutical sectors
• Coiminks
• Laripur
• Urexter
• Imuthane
• Isoexter
• Diexter
• Hydrolar
• Exter S
• Glicexter
• Ketanox
• Plaxter
• Filco
• Larithane
• Acotrim
• Laricol
• Exter S600

Products and services

• Novacote NE 810 S + CE 510 Compostable Adhesive Compostable lamination adhesive solution for flexible food packaging applications, certified compostable under multiple international standards.
• UREXTER RS and LARIPUR RS Biobased Footwear Systems Biobased polyurethane systems for footwear soles with approximately 70% renewable raw materials content, offering equivalent performance to traditional PU and TPU systems with reduced CO2 emissions.
• Cold Seal Coatings Product Line Cold seal coatings for rapid product packaging and sealing in food and detergent applications, including ice cream, chocolate, paper wrappers, and release lacquers for mono-film use.
• Paper Project - Sustainable Flexible Paper Packaging Sustainable flexible paper-based packaging solution that preserves moisture and gas barrier properties while ensuring recyclability, co-developed with Nordmeccanica.
• Novacote Lamination Adhesives Lamination adhesives for flexible food and pharmaceutical packaging applications.
• Coiminks Liquid Printing Inks Water-based and solvent-based liquid printing inks and ink modifiers for flexo and rotogravure printing in flexible packaging.
• Laripur Thermoplastic Polyurethanes (TPU) Thermoplastic polyurethanes (TPU) for injection molding, extrusion, and calendering processes.
• Urexter Polyurethane Systems for Footwear Microcellular polyurethane systems for footwear soles used by footwear manufacturers in fashion, safety, and sports segments.
• Imuthane Hot Cast Polyurethane Prepolymers Hot cast polyurethane prepolymers for technical elastomers, coatings, and sealants used in mining, printing rolls, and industrial elastomer applications.
• Isoexter Polyester Polyols Aromatic polyester polyols for rigid polyurethane foam insulation used in construction and building applications.
• Exter S Unsaturated Polyesters Unsaturated polyesters for composites, gelcoats, and solid surface materials used in structural and decorative composite applications.
• Synres Alkyd and Acrylic Resins Alkyd and acrylic resins for paints, enamels, can/coil coatings, and industrial coatings.
• Neoflex Polyurethane Adhesives Single-component, two-component, and Reactive Hot Melt polyurethane adhesives for industrial bonding applications.
• Ketanox Organic Peroxides Organic peroxides used as catalysts for structural resins and composite materials.

Quantifiable outcome

• 93% reduction in Global Warming Potential (GWP) with Isoexter-E biobased polyols
• +4 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core.

• Manali Petrochemicals Ltd (MPL)coreTechnology or Integration · 21 October 2025COIM is acquiring Notedome, a UK-based polyurethane systems company, from Manali Petrochemicals Ltd through its Singapore subsidiary Amchem. The deal valued at 8.5x EBITDA aims to expand COIM's presence in polyurethane systems and elastomers across European markets. Subject to regulatory and shareholder approval.
• NordmeccanicacoreStrategic or Co-development Partner · 30 October 2024Strategic partnership between COIM GROUP and Nordmeccanica for sustainable innovation in the flexible packaging market. Key outcome is the Paper Project for flexible paper-based packaging, to be presented at the 2025 K Fair. The collaboration aims to develop advanced technologies combining high technical performance with reduced environmental impact and promote circular economy through efficient resource use and waste reduction.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Huntsman Corporation: Huntsman is a major producer of MDI, polyurethanes, and performance products. Notably the former owner of COIM USA's West Deptford facility (acquired 2004), making it a direct comparable in polyurethanes and a historical benchmark for COIM USA's operations.
• Wanhua Chemical: Wanhua is the world's largest MDI producer and a major player in polyurethanes, polyols, and specialty resins. Directly comparable to COIM as a polyurethane systems and polyester polyol supplier, with growing presence in CASE and elastomer markets.
• H.B. Fuller: H.B. Fuller is a major manufacturer of industrial adhesives, including polyurethane hot melts and reactive systems. Comparable to COIM's Neoflex and Novacote adhesive businesses serving flexible packaging, automotive, and construction markets.
• Covestro: Covestro is a global leader in polyurethanes (MDI/TDI) and polycarbonate, with significant CASE and adhesives raw material exposure. Directly comparable to COIM as a polyurethane systems and specialty resins supplier serving flexible packaging, coatings, adhesives, and elastomer customers.
• Allnex: Allnex is a global specialist in liquid resins and additives for coatings, inks, and composites — including alkyd, acrylic, and unsaturated polyester resins. Directly comparable to COIM's Glicexter alkyd resins, Synres acrylic resins, and Exter S unsaturated polyesters portfolio.
• Stepan Company: Stepan produces specialty polyurethanes, polyester polyols, and surfactants for CASE, insulation, and construction applications. Closely comparable to COIM's Isoexter polyols, Diexter aliphatic polyesters, and polyurethane systems businesses.

Regional players

• Mitsui Chemicals: Mitsui Chemicals produces polyurethane systems, specialty resins, and elastomers, with strong Asia-Pacific positioning. Comparable to COIM in polyurethane chemistry for footwear, automotive, and CASE applications, though primarily serving different geographic markets.

Broad incumbents

• RPM International: RPM International is a diversified specialty coatings and sealants company with brands in industrial coatings, roofing systems, and sealants. Comparable as a downstream user of polyurethane and resin raw materials, with overlapping CASE customer base.
• BASF: BASF is the world's largest chemical company with broad polyurethane systems, resins, and specialty chemicals portfolios across CASE, construction, and packaging applications. Comparable as a much larger incumbent competing with COIM across multiple end-markets.
• Lanxess: Lanxess is a German specialty chemicals company producing urethanes, rubber chemicals, and additives. Comparable as a European specialty chemicals peer serving CASE, construction, and industrial applications with overlapping polyurethane and additives portfolios.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/coimgroup/posts/?feedView=all

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries18 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coim USA Inc.