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Business

Akzo Nobel wraps up restructuring

April 9, 2007 | A version of this story appeared in Volume 85, Issue 15

Akzo Nobel has completed a multiyear chemicals divestment program with the sale of its European business in methylamines and choline chloride, a feed additive, to Balchem. The operations, in Marano Ticino, Italy, had sales last year of about $35 million, Balchem says. In March, Balchem acquired choline chloride assets from Canada's Chinook Group.

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