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Article: Arkema continues to refocus functional additives business.(M&A, Business & Trade)(mergers between Arkema and Hoe Seng Co Pte Ltd group )(Brief article)
- Article from:
- China Chemical Reporter
- Article date:
- June 16, 2009
CopyrightCOPYRIGHT 2009 China National Chemical Information Center. 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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Arkema announced on May 5th the sale of two families of additives produced in China to the Hoe Seng Co Pte Ltd group (Singapore): ceramic opacifiers and polyester resin catalysts.
Production of these additives is based in southern China, on the Guangzhou site which employs 105 people and accounts for annual sales of the order of Euro 13 million.
"The sale of these non-strategic ...
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