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ALTANA acquires Solvay's formulated resins business · Endata

◂ Announcements

Specialty Chemicalsworld trade 2024+2.3% 5Y CAGR

Jan 4, 2017ACQUISITIONOlean, New York, United States

ALTANA acquires Solvay's formulated resins business

ALTANA acquired the Formulated Resins business of Solvay, including a production and research facility in Olean, New York. The business will be integrated into ALTANA's ELANTAS division.

Value

$20.0M

Jobs

53

Status

Completed

Productsformulated resinsConap brand products

CompaniesSolvay partner Solvay target ALTANA acquirer ELANTAS PDG Inc. partner PolyAd Services target

Sectors#Specialty Chemicals

“The specialty chemicals group ALTANA has acquired the Formulated Resins business of Belgian chemical group Solvay.”altana.com

3 sources
altana.comALTANA Acquires Formulated Resins Business from Solvay - ALTANA AGALTANA AGJan 4, 2017
coatingsworld.comSolvay Sells Formulated Resins Business to ALTANA AG - Coatings WorldBy: Catherine DiamonJan 5, 2017
altana.comALTANA Further Expands Additives Business by Acquiring PolyAd Services - ALTANA AGALTANA AGFeb 1, 2017

Summarized from public sources; check the original articles before acting on it.

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