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Finance
Nouryon readies for stock market listing
by Alex Scott
September 10, 2021
| A version of this story appeared in
Volume 99, Issue 33
Just 3 years after being purchased from AkzoNobel by the investment firms the Carlyle Group and GIC for $11.6 billion, Nouryon has announced plans to offer shares on the New York Stock Exchange. The Dutch specialty chemical maker has yet to disclose the number of shares or the planned price per share. The firm intends to use money from the share offering to pay down debt and meet other corporate requirements. Nouryon’s annual sales will be about $4.5 billion after the spin-off of its base-chemical unit.
Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society
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