Advertisement
Grab your lab coat. Let's get started
Welcome!
Welcome!
Create an account below to get 6 C&EN articles per month, receive newsletters and more - all free.
It seems this is your first time logging in online. Please enter the following information to continue.
As an ACS member you automatically get access to this site. All we need is few more details to create your reading experience.
Not you? Sign in with a different account.
Not you? Sign in with a different account.
ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
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.
Business
Momentive To Sell Resins Businesses
by Marc S. Reisch
April 25, 2011
| A version of this story appeared in
Volume 89, Issue 17
Momentive Specialty Chemicals has signed a definitive agreement to sell its North American composites and coatings resins business to Investindustrial, a European private equity firm. Included in the sale are plants in Carpentersville, Ill.; Ennis, Texas; Forest Park, Ga.; and Lynwood, Calif. The sites collectively employ 225 people and generated sales of $230 million in 2010. Investindustrial, with $3 billion in assets, also owns Polynt, an Italian chemical intermediates and resins maker that was once part of Lonza. Polynt had $850 million in sales last year.
The power is now in your (nitrile gloved) hands
Sign up for a free account to get more articles. Or choose the ACS option that’s right for you.
Already have an ACS ID? Log in
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on Twitter