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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Styron Europe sells EPS business to Ravago Group

6:37 AM MDT | July 29, 2013 | —Natasha Alperowicz

Styron Europe, a Styron subsidiary; and the Ravago Group (Arendonk, Belgium) have signed a definitive agreement, under which Styron’s expandable polystyrene (EPS) business will be sold to RP Compounds, a subsidiary of Ravago, for an undisclosed sum. The sale includes an EPS manufacturing facility at Schkopau, Germany, as well as related intellectual property and the Sconapor brand. The transaction is subject to regulatory approval and completion of customary conditions. Ravago specializes in the distribution, resale, and compounding of commodity and...

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