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Business

Hexion sells additives technology business

by Marc S. Reisch
January 22, 2018 | APPEARED IN VOLUME 96, ISSUE 4

The thermoset resins maker Hexion has sold its additives technology business to Münzing Chemie, a specialty additives firm in Abstatt, Germany. The $50 million price includes intellectual property covering catalysts, release agents, and wetting agents used to make engineered wood, laminates, and other products. The deal also includes plants in Australia and Malaysia.—.

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