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Ciba to Sell De-Inking Unit

9:34 AM MDT | October 24, 2007 | Chemical Week Editorial Staff

Specialty vegetable fat producer AAK (Stockholm) says it will buy Ciba Specialty Chemicals’ de-inking business at Raisio, Finland. Financial terms of the deal were not disclosed. Chemicals for de-inking, which remove ink from recycled paper, are based on special fatty acids. Ciba’s de-inking chemical unit has sales of SK25 million/year ($4 million). AAK will move production from Ciba’s plant at Raisio to AAK’s site at Karlshamn, Sweden to reduce transportation and other costs, AAK...

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