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Business
Total Chemicals Exits Consumer Products
by Marc S. Reisch
April 12, 2010
| A version of this story appeared in
Volume 88, Issue 15
Total Chemicals has sold Mapa Spontex, a maker of baby bottles and rubber gloves, to consumer products maker Jarden for $446 million. Paris-based Total says it will now concentrate on its specialty chemical businesses, which include Hutchinson, Cray Valley, Sartomer, and Cook Composites & Polymers. François Cornélis, president of Total Chemicals, says the transaction allows the firm to “continue refocusing its chemicals portfolio on materials science, such as polymers, adhesives, rubber processing, and electroplating.”
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