Ferro plans sale

June 2006
ICIS Chemical Business;6/5/2006, Vol. 1 Issue 22, p17
Trade Publication
The article reports that Ferro plans to sell its speciality plastics business and has signed a non-binding letter of intent to divest the unit to an unnamed potential purchaser. The financial performance of the business in 2005 is discussed. The unit develops and produces customised thermoplastic compounds and alloys, plastic colourants, gel coats and thermoset pastes that are sold in a broad range of end markets. Ferro has decided that the unit was not a core element of the company.


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