Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Altana acquires DSM’s PP wax emulsions business
8:19 AM MST | February 21, 2014 | —Michael Ravenscroft
Altana (Wesel, Germany) says it has acquired DSM’s polypropylene (PP) wax emulsions business. The deal includes technology and customer-specific know-how, Altana says. The products can be used to coat glass fibers in the production of composites and are typically used in the construction industry and the automotive market, Altana says. Financial details have not been disclosed. “This acquisition is another consistent step along our path of growth,” says Matthias Wolfgruber, CEO of Altana. Acquisitions form a key part of Altana’s growth...
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