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Borealis to buy DuPont out of Speciality Polymers Antwerp

4:22 AM MDT | August 7, 2014 | Natasha Alperowicz

Borealis has signed an agreement with DuPont Holding Netherlands to purchase the company's 67% shareholding in Speciality Polymers Antwerp (Zwijndrecht, Belgium), the company announced today. Borealis Polymers NV and Borealis Kaloo NV together own the remaining 33% share. Under the proposed arrangement, DuPont will continue to serve the market with ethylene vinyl acetate and acrylate copolymers produced at the Speciality Polymers Antwerp facility. The transaction is subject to approval by the relevant competition authorities and will be presented to the employee...

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