Orica signs off adhesives arm

Robinson, Simon
September 2006
ICIS Chemical Business;9/4/2006, Vol. 1 Issue 33, p15
Trade Publication
The article reports on the plan by Australia-based Orica Co. to sell its adhesives and resins business to U.S.-based Hexion Specialty Chemicals Co. With three manufacturing sites across Australia and New Zealand, the business makes formaldehyde and formaldehyde-based binding resins that are primarily used in the forest products industry. Orica is selling the business because it is non-core and there is over capacity in the region.


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