Trinseo sells polycarbonate technology and equipment to Deepak Chem Tech for $52.5M

Trinseo has entered into agreements to supply a polycarbonate technology license and all proprietary polycarbonate production equipment from its Stade, Germany facility to Deepak Chem Tech, a subsidiary of Deepak Nitrite, for use in India. The total value is $52.5 million.

“These are the initial steps of a strategic, collaborative partnership with Deepak, as we explore additional opportunities to leverage our technology portfolio and expand in higher-growth areas such as India.”stocktitan.net

• 1 source
• stocktitan.netTrinseo Secures $52.5M Deal with Deepak for Polycarbonate Tech & Equipment Sale | TSE Stock NewsStock TitanNov 13, 2024

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