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Article: United Kingdom: Alphacan divests PEX pipes business.
- Article from:
- TendersInfo
- Article date:
- November 17, 2008
CopyrightCOPYRIGHT 2008 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: shankar203
Arkema subsidiary Alphacan is set to divest its sanitary and heating pipes business, which uses cross-linked polyethylene (PEX) technology, in order to refocus on its core businesses of PVC pipes and profiles.In a news release Arkema said the business would be sold to the French company COMAP, a subsidiary of the Dutch group Aalberts Industries. Terms of the deal were not disclosed.
Alphacan s sanitary and heating pipes activity has annual sales of approximately 25m, and involves the design, production and marketing of PEX systems for domestic hot water pipes, heating pipes, and floor heating/cooling networks. PEX pipes are produced at ...