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Chemical Week Magazine :: Newsbriefs
Arkema completes acquisition in Brazil
9:07 AM MDT | October 12, 2012
Arkema says its Coatex subsidiary has completed the acquisition of an additives and emulsions production site at AraÃ§ariguama, near SÃ£o Paulo, from Resicryl (SÃ£o Paulo). The acquisition is in line with Arkemaâ€™s strategy to increase its presence in emerging countries, including in South America, and it strengthens downstream integration of the companyâ€™s acrylics activities, it says. Financial details of the transaction were not disclosed. Coatexâ€™s sales in Brazil, with the addition of the production site at AraÃ§ariguama, are expected to be about $20...
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