TITLE

Arkema divests UF resins

AUTHOR(S)
Bains, Elizabeth
PUB. DATE
June 2007
SOURCE
ICIS Chemical Business;6/4/2007, Vol. 2 Issue 69, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article states that Arkema has agreed to sell its urea formaldehyde (UF) resins business to Hexion Specialty Chemicals for an undisclosed sum. The sale forms part of Arkema's restructuring of its entire business portfolio, which began following its spin-off from Total Petrochemicals in 2004. The firm announced in September 2006 that it intended to divest the UF business, which "offered very little synergy" with its other activities.
ACCESSION #
25376882

 

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