ADVERTISEMENT
2 /3 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Business

Hexion sells plastics unit

August 7, 2006 | APPEARED IN VOLUME 84, ISSUE 32

Hexion Specialty Chemicals has sold its Italian engineering thermoplastics business, Taroplast, to Giuseppe Squeri & C. SpA for an undisclosed sum. The business includes plants in Pieveottoville and Soragna, Italy, and had sales last year of about $45 million. Hexion CEO Craig O. Morrison says the business, which the firm acquired as part of its 2005 purchase of Bakelite, was "our only thermoplastics operation and did not fit Hexion's strategic focus on thermoset resins and materials."

X

Article:

This article has been sent to the following recipient:

Leave A Comment

*Required to comment