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Dynea Divests Paper Overlays Business in Finland to Surfactor

5:38 AM MDT | May 15, 2012 | Natasha Alperowicz

Dynea Chemicals (Helsinki) says it has sold its paper overlays business and assets based at Kitee, Finland to Surfactor Finland (Helsinki). The plant produces phenolic surface films and employs 36 people who will continue to work for the new owners. Sales of the Kitee based operation in 2011 were € 17 million ($21.8 million). Phenolic surface films are resin impregnated industrial overlays designed to improve the surface characteristics of wood-based panels, used by the concrete, transportation, building construction and furniture industries. Surfactor...

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