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Business
SNPE studies options for fine chemicals
December 4, 2006
| A version of this story appeared in
Volume 84, Issue 49
French state-owned SNPE has asked its advisers to study strategic options for the company's fine chemicals business, the main component of which is Isochem. SNPE says the business has undergone a successful recovery over the past two years. It had sales last year of about $260 million, 27% of SNPE's total sales, and an operating loss of about $17 million. According to a spokeswoman, the options include a partnership and an outright sale.
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