Arkema acquires American gas odorant specialist Odor-Tech
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Arkema, announced the acquisition of Odor-Tech Inc. which specializes in the production, storage and marketing of odorant blends for the gas market. The contribution from this activity, which reported sales approaching $ 8M in 2007, will bolster Arkema's position in the NorthAmerican odorants market.
" The acquisition of Odor-Tech Inc. will enable us to significantly boost our position in North-America, the world's leading market for gas odorants. With a region-wide presence and quality technical support to gas distributors, Odor-Tech Inc. aptly complements our existing business, which centers on major distributors ", Arnaud d'Aramon, Managing Director of Arkema's Thiochemicals Business Unit, is pleased to announce.
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