Arch Buys Koppers out of Australian JV

Arch Chemicals says it has bought the 51% it did not already own in the Koppers-Arch joint venture (KAJV; Sydney) from its partner, Koppers Holdings (Pittsburgh) for $19 million. The deal comprised a cash payment of $15.4 million and transfer of 51% of the jv’s $7-million net debt. KAJV makes and sells wood preservative products for the wood processing and forestry industries in Asia, Australia, New Zealand, South Africa, and the Pacific Islands, and recorded sales of $54.1 million in 2006. Its products are mainly noncoal tar-based chemicals, including...

This information is only available to Chemical Week subscribers.

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

Email Address First Name Last Name

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