IHS Chemical Week

Regions :: North America :: U.S.

PPG exits Transitions Optical JV, to receive $1.73 billion

7:33 AM MDT | July 29, 2013 | Deepti Ramesh

PPG Industries says that it has reached an agreement to divest its 51% stake in Transitions Optical (Pinellas Park, FL), a global supplier of photochromic lenses, to Essilor International (Charenton-le-Pont, France), which currently holds a 49% stake in the joint venture. Essilor, a maker of ophthalmic lenses and optical equipment, will also enter into multiyear agreements with PPG for continuing supply of optical dyes and R&D services. The French company will also acquire PPG’s optical sun lens business Intercast (Parma, Italy). PPG announced...

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