TimTech Chemicals Limited was launched in New Zealand in 2001 and in Australia a year later. In August 2013, TimTechChem International Limited purchased the business, assets and IP of TimTech Chemicals.
The Chairman of the TimTechChem Group is Michael Henry, founder of the multinational Mike Henry Group of Companies. The Mike Henry Group was one of the largest independent insurance intermediaries in Australasia before Mike divested in several of his companies. Mike Henry is a director of several successful businesses.