Ashland Inc. completes purchase of Neste Polyester
Terms of the purchase agreement, which was announced Feb. 23, were not disclosed. The newly acquired business will operate within the Composite Polymers Division of Ashland Specialty Chemical Company, a division of Ashland Inc.
Neste Polyester manufactures and markets high-quality unsaturated polyester resins and gelcoats for the marine, building and construction, and transportation industries worldwide.
About Dynea Dynea is one of the world's leading producers of industrial adhesives systems. Adhesive resins are used in a variety of applications by the panel board industry, laminated beam and structural wood manufacturers, the mineral and glass fibre industry, the paper impregnating industry, etc. Dynea also produces paper overlays and oil field chemicals.
Dynea has more than 50 production units in 22 countries in Europe, the Americas and Asia Pacific. Industri Kapital, a leading European private equity investment firm, owns Dynea. More information on Dynea at www.dynea.com. About Ashland
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