Hexion sells a polymers business | Chemical & Engineering News
Volume 94 Issue 13 | p. 14
Issue Date: March 28, 2016

Hexion sells a polymers business

Department: Business
Keywords: polymers, adhesives, coatings, emulsion polymers

The specialty chemical maker Hexion is selling its performance adhesives and coatings business to the British firm Synthomer for $226 million. The business had $370 million in sales last year of polymer dispersions, additives, powder coatings, and monomers from seven sites across the U.S., Europe, and Asia. Synthomer, a maker of emulsion polymers, says the purchase will strengthen its position in the adhesives and coatings market.

 
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