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SI Group agreed to sell the majority of its global industrial resin businesses and its Brazilian specialty business to ASK Chemicals, a portfolio company of Rhône Group. The transaction includes manufacturing sites in Brazil, India, and South Africa, and is expected to close later in 2019.
“The sale of this business provides proprietary technology and know-how in the industrial resins business to ASK while realigning our focus around performance additives.”siigroup.com
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