# Altana completes acquisition of Solvay's Formulated Resins business

Altana completed the acquisition of Solvay's Formulated Resins business, including a research and production facility in Olean, New York with 53 employees. The business will be integrated into Elantas PDG, Inc.

- Type: Acquisition
- Announced: 2017-06-02
- Where: Olean, New York, United States
- Jobs: 53
- Status: completed
- Products: formulated resins, Conap, Conathane
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Solvay](https://endata.com/companies/1830.md) (target)
- [ALTANA](https://endata.com/companies/2187.md) (acquirer)

## Sources

- [chemicalprocessing.com](https://www.chemicalprocessing.com/industrynews/news/11316936/altana-acquires-solvays-formulated-resins-business-chemical-processing), 2017-06-02: "The specialty chemicals group Altana completes the acquisition of the Formulated Resins business of Belgian chemical group Solvay."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.