Two paper chemical businesses are sold | October 9, 2017 Issue - Vol. 95 Issue 40 | Chemical & Engineering News
Volume 95 Issue 40 | p. 20 | Concentrates
Issue Date: October 9, 2017

Two paper chemical businesses are sold

Department: Business
Keywords: Specialty chemicals, BASF, Synthomer, Georgia-Pacific, Ecolab, paper

BASF will sell a plant in Pischelsdorf, Austria, that makes styrene-butadiene paper coating dispersions to Synthomer for $35 million. All of the site’s 42 staffers will transfer to Synthomer. BASF says it will hold onto styrene-acrylic dispersion activities in Pischelsdorf and continue to produce styrene-butadiene dispersions in Ludwigshafen, Germany; and Hamina, Finland. Separately, Ecolab will acquire Georgia-Pacific’s paper chemicals unit, which reported 2016 sales of about $43 million. The business sells products that enhance the strength, softness, and durability of paper.

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