in this issue
Chemical Week Magazine :: Business & Finance :: Asia/Pacific
Solvay Buys Surfactants Firm, Ups Polymers Capacity in India
7:17 AM MDT | September 21, 2012 | —Deepti Ramesh
Solvay says it has signed an agreement to acquire a controlling interest in Sunshield Chemicals (Mumbai), which specializes in surfactants, from Amit Choksey Group. Financial details of the deal were not disclosed. Butstraen: Will speed up growth in India. Sunshield Chemicals, which is listed on the Bombay Stock Exchange (Mumbai), produces and exports surfactants, cross-linkers, and antioxidants. The company recorded sales of Rs943 million ($17.5 million) in the fiscal year ended March 31, 2012. The acquisition is expected to be completed within three months...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee