Dynea Oy completes purchase of Sydsvenska Kemi’s resins operations

March 15, 2002 Dynea Oy, the parent company of Dynea International Oy, has completed the purchase of Perstorp’s resins operations from Sydsvenska Kemi. The sale and purchase agreements of the transaction were signed on February 28, 2002. The acquired business is owned by Dynea Oy. Dynea’s current industrial resins business is owned by Dynea International Oy. The acquired resins business consists of formaldehyde-based industrial resins production aimed primarily to the automotive and engineering industries. Manufacturing units are located in Aycliffe, England; Brebières, France; Erkner, Germany; and São Paolo, Brazil. The business employs some 340 persons and has revenues of SEK 950 million.

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