IHS Chemical Week

People & Business :: Earnings/Finance

Klesch and Arkema at odds over PVC producer Kem One

11:31 AM MDT | March 19, 2013 | —Francinia Protti-alvarez

A legal dispute has erupted between Klesch Group (Geneva), a special situations investor; and Arkema over Kem One (Lyon, France), the former polyvinyl chloride (PVC) business of Arkema, which Klesch acquired last year. Klesch is seeking €310 million ($403.6 million) in compensation from Arkema for “significant gaps between the financial information presented by Arkema’s management before the transaction was concluded and the current financial results,” Klesch said in a statement on 4 March. The compensation claim covers Kem One SAS, which...

This information is only available to Chemical Week subscribers.

Username:
Password:

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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

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

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa