Issue Date: February 8, 2016
Arkema won’t exercise an option to increase its stake in Taixing Sunke Chemicals, an acrylic acid producer in Jiangsu, China. Arkema says market conditions in China don’t favor the investment and that it will deploy the unused funds in pursuit of small acquisitions in high-performance materials.
Kraton Performance Polymers has sold its polymer compounding business to PolyOne for $72 million. Under a long-term agreement, Kraton will supply polymers used to make the compounds. PolyOne says . . .
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