Chemical Week Magazine :: Specialty Chemicals
Arkema finalizes divestiture of tin stabilizer business
9:08 AM MDT | October 12, 2012
Arkema says it has finalized the previously announced divestment of its tin stabilizer business to PMC Group (Mount Laurel, NJ), a producer of performance chemicals and plastics. The divestiture is part of Arkemaâ€™s plans to refocus its functional additives activities mostly on organic peroxides, the company says. â€śThe divested business accounts for sales of about â‚¬180 million ($233 million) on 3 continents, and includes 4 production sites in US, Europe, and China,â€ť Arkema says. The portion of the deal in China is, for administrative reasons, expected to...
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