Richman Chemical Inc.: Celebrating 30 Years of Proven Expertise
Lower Gwynedd, PA March 14, 2018 — Richman Chemical Inc. (RCI) celebrates 2018 as a 30-year milestone for assisting companies in accessing the custom chemical synthesis and manufacturing space. Over this time, RCI achieved preferred supplier status among both established and emerging life science and chemical-based customers as a reputable provider of custom manufacturing, product sourcing and project management services. The company helps its chemistry-focused clients meet pharmaceutical and chemical outsourcing requirements while accelerating product development and commercialization initiatives. RCI’s focus on custom solutions includes cGMP processing, pharmaceutical intermediates, complex multi-step syntheses, high value electronics chemistry and other unusual chemistries. While specializing in “soup to nuts” custom offerings, it also developed an extremely important niche with respect to unit operation capabilities. Examples include toll distillation, custom drying, and particle size processing. Further, an experienced chemical sourcing department locates difficult-to-find chemical compounds- at any scale- for customers throughout the world.
In 1988, Ed Richman started RCI with a goal to assist chemical and pharmaceutical companies in using resources more efficiently. In previous management positions at Celanese, Rohm and Haas, and National Starch and Chemical, he observed first-hand the intricacies of outsourcing within the chemical industry and parlayed that experience into a successful service company that continues to realize excellent growth.
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While the company’s roots rest in the specialty chemicals and tolling industries, it diversified to assist within other chemistry-centric markets such as life science, electronics, nanotechnology and diagnostic markers. As a result, customers run the gamut from virtual start-ups to billion dollar multi-nationals. With the business burgeoning year after year, the company identified a critical need to add new resources to the mix. Thus, new project management personnel and working space expansion highlighted the company’s growth activities for 2017/2018 (see “RCI expands… article” here). With corporate headquarters now double in size, RCI remains poised for continued growth over the next 30 years.
“Having witnessed two-thirds of this historic milestone at Richman Chemical, I still marvel at what can be accomplished with premium human capital, a customer-focused business model, and the willingness to leverage both common sense and win-win propositions throughout our business,” commented Christopher Kulp, Executive Vice President. “The custom synthesis, manufacturing, and sourcing markets rely on developing strong relationships predicated on trust and a sustained track record of performance. We pride ourselves on providing just that, and our ability to service any and all customer bases requiring “custom AND chemistry” positions us well for the next several decades,” he added.
About Richman Chemical
Founded in 1988 by Dr. Edward Richman, Richman Chemical's unique business model assists emerging and established pharmaceutical and chemical companies in using their resources more efficiently. Richman Chemical offers solutions for process development, regulatory assistance, small-to-large-scale manufacturing, and expert project management. Richman Chemical is an excellent resource for virtual firms and venture capitalist-supported start-ups with limited budgets and constrained timelines for commercialization. With 30 years of experience, Richman Chemical is known across the country and around the world as a reputable and dependable outsourcing partner. Our clients' goals become our own, and our shared success is measured in delivering solutions on time and on budget.
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