DSM Agrees on Sale of Sarlink Elastomers Business

DSM says it has agreed to sell Sarlink, a thermoplastics elastomers business, and part of the firm’s Elastomers unit, to Teknor Apex (Pawtucket, RI). Financial terms were not disclosed, although DSM says it expects to report a “small” book profit as a result of the sale. Approximately 90 employees will transfer to the new owner upon closing, which is slated for the fourth quarter of this year, subject to regulatory approval. In 2009 Sarlink generated net sales of more than €50 million ($65 million).   Sarlink has compounding operations...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers