in this issue
Chemical Week Magazine :: Business & Finance :: United States/Americas
Lanxess Completes Synthetic Rubber Deal in Brazil
8:51 AM MDT | April 8, 2008 | Michelle Bryner
Lanxess says it has completed the acquisition of Braskem and Unipar’s combined 70% stake in synthetic rubber producer Petroflex (Rio de Janeiro, Brazil) for €198 million ($289 million) (CW, Dec. 19/26, 2007, p. 4). Petroflex is Latin America’s largest rubber producer and has manufacturing sites at Cabo, Duque de Caxias, and Triunfo. The company’s total synthetic rubber capacity is about 400,000 m.t./year and its most recent annual sales were about €500 million. Lanxess says Latin America is one of the most important growth markets...
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