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Arkema Selling Tin Stabilizers?

7:26 AM MDT | April 27, 2012

Arkema is in the process of selling its tin stabilizer business, according to sources in the financial community. The unit, a part of Arkema’s functional additives segment, generated €10 million-€50 million ($13 million-$66 million) in Ebitda last year, sources say. It has attracted interest from private equity firms and chemical companies. The sale process is nearing a conclusion, a source adds. Earlier this month, Arkema sold its polycarbonate sheet business in the U.S. to Bayer MaterialScience for an undisclosed sum. In March, Arkema reported 2011 net...

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