My watch list
my.chemeurope.com  
Login  

Arkema sells its Urea Formaldehyde Resins business to Hexion

30-May-2007

Arkema announces the sale to the company Hexion Specialty Chemicals of its Urea Formaldehyde Resins business, based on the Leuna site in Germany. The sale of this activity, which reports annual sales close to EUR 100 M, falls in line with Arkema's strategy for a selective management on its asset portfolio.

Announced in September 2006, the proposed sale of Arkema's Urea Formaldehyde Resins business has been confirmed by the signing of an agreement with the American company Hexion,. The deal, which should come into force in the third quarter of 2007, is subject to approval by antitrust authorities.

Facts, background information, dossiers
More about Arkema
  • News

    Arkema announces the proposed divestment of its oxo alcohols business

    Arkema announces a project for the sale to INEOS of its 50% stake in Oxochimie, their oxo alcohols manufacturing joint venture, and the associated business. Arkema produces oxo alcohols on the Lavéra site (France) in a 50/50 manufacturing joint venture with INEOS. These products are used in ... more

    Arkema completes acquisition of Den Braven

    Arkema completed the acquisition of Den Braven, a leader in high performance sealants for insulation and construction in Europe, on 1st December. With this strong value-creating acquisition, Arkema confirms its long-term ambition for Bostik, and actively pursues the development of its High ... more

    Appointment to Arkema’s Board of Directors

    Arkema’s Board of Directors, at its meeting on 9 November 2016, decided to co-opt Mrs Marie-José Donsion, Senior Vice-President Finance of Alstom, to the Board. On a proposal by the Nominating, Compensation and Corporate Governance Committee, the Board of Directors decided to co-opt Mrs Don ... more

  • Companies

    ARKEMA GmbH

    Arkema’s activities are organized into three business segments, Vinyl Products, Industrial Chemicals, and Performance Products, comprising 13 business units structured into profit centers, in charge of plant management, research, marketing, and customer relations. Central divisions oversee ... more

More about Hexion
Your browser is not current. Microsoft Internet Explorer 6.0 does not support some functions on Chemie.DE