in this issue
Markets :: Specialty Chemicals :: Plastic additives
Indian owner buys out Galata Chemicals
2:06 PM MST | February 10, 2014 | Vincent Valk
Artek Surfin (Mumbai), an Indian specialty chemicals maker, has bought out private equity firm Aterian Investment Partners’ (New York) 50% stake in Galata Chemicals, the former PVC additives business of Chemtura, for an undisclosed sum. Artek Surfin and Aterian bought the business, which generated $236 million in revenues in 2009 and $374 million in 2008, from Chemtura in April 2010. The two have each held a 50% ownership stake in Galata since then. "Over the past four years, Aterian and Artek have successfully partnered with the Galata Chemicals...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee