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  <TITLE> Sipex Corporation (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	September 8, 2006
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  	Sipex Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-27892
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  	04-6135748
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  _____________________<BR>
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  _____________<BR>
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  ______________<BR>
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	233 South Hillview Drive, Milpitas, California
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  	95035
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  _________________________________<BR>
  	(Address of principal executive offices)
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	408-934-7500
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
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  	On September 8, 2006, the Board increased the number of authorized directors of Sipex from eight to ten by fixing the number of authorized members of the Board at ten directors, whereby Sipex created two additional vacancies to the Board.  The Board then appointed Alan Krock, Pierre Guibault and Dan Casey as additional members of the Board to fill an existing vacancy and the two created vacancies.  <br>  <br>	Both Messrs. Guibault and Casey are senior executives of Future Electronics Inc. ("Future").   Future is an affiliate of Sipex&#x2019;s largest shareholder and is the sole distributor of certain products of Sipex in North American and Europe and is Sipex&#x2019;s largest distributor worldwide. On the basis of the evaluation and discussion by the Board of the background of Pierre Guibault and Dan Casey, the Board determined that both Pierre Guibault and Dan Casey are not independent within the meaning of Rule 4200(a) (15) of the NASDAQ Manual by virtue of their relationships with Future.  Accordingly, the Board does not expect to appoint Mr. Guibault or Mr. Casey to any standing committees of the Board.  In connection with their appointment as directors, Messrs. Guibault and Casey have agreed to recuse themselves from any Board discussions that related to transactions between Sipex and Future. <br><br>	Mr. Krock is the Vice President and CFO of PMC-Sierra, Inc. Prior to PMC-Sierra, Mr. Krock was the Vice President and CFO at Integrated Device Technology, Inc., where he managed all aspects of the company's financial and administrative functions. He also served as IDT's Vice President and Corporate Controller and oversaw domestic and worldwide financial reporting and systems. Prior to joining IDT, Mr. Krock was Corporate Controller for Rohm USA and a senior manager at Price Waterhouse, now Price Waterhouse Coopers, in the United States and Australia.<br><br>	On the basis of the evaluation and discussion by the Board of the background of Alan Krock, the Board determined that Alan Krock is independent within the meaning of relevant rules promulgated by the NASD. The Board expects to assign Mr. Krock to one or more standing committees of the Board in the future. <br><br>	Mr. Guilbault has been with Future since 2002 as Executive Vice President and CFO. Prior to joining Future, he was Executive Vice President and CFO of Steinberg, Inc., Executive Vice President and CFO of My Virtual Model, Inc. and Executive Vice President and CFO of Motion International, Inc.<br><br>	Mr. Casey is currently an Executive Vice President with Future. He has been with Future for 14 years and during that time has been posted in London, where he managed Future's European operations and in Singapore, where he managed Future's Asian operations. He is currently responsible for International Operations and is based out of Future's head office in Montreal, Canada. Prior to Future, he was President of a division of ABB, Canada where he was employed for over 13 years.<br><br><br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	Sipex Corporation
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  	&nbsp;&nbsp;
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  <I>
  	September 14, 2006
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  	Clyde R. Wallin
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  	Name: Clyde R. Wallin
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  	Title: Chief Financial Officer and Senior VP of Finance
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_14953.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11298}]
metadata_filer: {"company-data": {"conformed-name": "SIPEX CORP", "cik": "0001007800", "assigned-sic": "3674", "irs-number": "046135748", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27892", "film-number": "061091006"}, "business-address": {"street1": "233 SOUTH HILLVIEW DRIVE", "city": "MILPITAS", "state": "CA", "zip": "95035", "phone": "408-934-7500"}, "mail-address": {"street1": "233 SOUTH HILLVIEW DRIVE", "city": "MILPITAS", "state": "CA", "zip": "95035"}}
text: Sipex Corporation (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  September 8, 2006
  Sipex Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-27892
  04-6135748
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  233 South Hillview Drive, Milpitas, California
  95035
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  408-934-7500
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
  On September 8, 2006, the Board increased the number of authorized directors of Sipex from eight to ten by fixing the number of authorized members of the Board at ten directors, whereby Sipex created two additional vacancies to the Board.  The Board then appointed Alan Krock, Pierre Guibault and Dan Casey as additional members of the Board to fill an existing vacancy and the two created vacancies.
  Both Messrs. Guibault and Casey are senior executives of Future Electronics Inc. ("Future").   Future is an affiliate of Sipex's largest shareholder and is the sole distributor of certain products of Sipex in North American and Europe and is Sipex's largest distributor worldwide. On the basis of the evaluation and discussion by the Board of the background of Pierre Guibault and Dan Casey, the Board determined that both Pierre Guibault and Dan Casey are not independent within the meaning of Rule 4200(a) (15) of the NASDAQ Manual by virtue of their relationships with Future.  Accordingly, the Board does not expect to appoint Mr. Guibault or Mr. Casey to any standing committees of the Board.  In connection with their appointment as directors, Messrs. Guibault and Casey have agreed to recuse themselves from any Board discussions that related to transactions between Sipex and Future.
  Mr. Krock is the Vice President and CFO of PMC-Sierra, Inc. Prior to PMC-Sierra, Mr. Krock was the Vice President and CFO at Integrated Device Technology, Inc., where he managed all aspects of the company's financial and administrative functions. He also served as IDT's Vice President and Corporate Controller and oversaw domestic and worldwide financial reporting and systems. Prior to joining IDT, Mr. Krock was Corporate Controller for Rohm USA and a senior manager at Price Waterhouse, now Price Waterhouse Coopers, in the United States and Australia.
  On the basis of the evaluation and discussion by the Board of the background of Alan Krock, the Board determined that Alan Krock is independent within the meaning of relevant rules promulgated by the NASD. The Board expects to assign Mr. Krock to one or more standing committees of the Board in the future.
  Mr. Guilbault has been with Future since 2002 as Executive Vice President and CFO. Prior to joining Future, he was Executive Vice President and CFO of Steinberg, Inc., Executive Vice President and CFO of My Virtual Model, Inc. and Executive Vice President and CFO of Motion International, Inc.
  Mr. Casey is currently an Executive Vice President with Future. He has been with Future for 14 years and during that time has been posted in London, where he managed Future's European operations and in Singapore, where he managed Future's Asian operations. He is currently responsible for International Operations and is based out of Future's head office in Montreal, Canada. Prior to Future, he was President of a division of ABB, Canada where he was employed for over 13 years.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Sipex Corporation
  September 14, 2006
  By:
  Clyde R. Wallin
  Name: Clyde R. Wallin
  Title: Chief Financial Officer and Senior VP of Finance