Akzo Nobel divests Polymerization Catalysts
The Edison site produces Avant® catalysts for Basell licensees, as well as toll producing other polyolefin custom catalyst systems and preparing catalyst components used in polyolefins and other specialty chemicals.
This agreement is the third Chemicals divestment announced by Akzo Nobel in 2006 following deals to sell the Electro Magnetic Compatibility business in Japan and the company's 65 percent majority interest in its Malaysian oleochemicals joint venture. The remaining divestments are expected to be completed by the middle of the year.
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