04 October 2007 15:23 [Source: ICIS news]
PRAGUE (ICIS news)--Poland’s Dwory said on Thursday it is to rename acquired Czech synthetic rubber producer Kaucuk as Synthos and that it is working on a plan to transfer some of its production to the new subsidiary.
“The new name reflects the company’s mission, which is to be a B2B [business-to-business] operation producing and supplying customers with chemical products and solutions for further processing to support their growth,” a spokesman for synthetic rubbers and polystyrene (PS) maker Dwory said.
“The name also refers to chemical synthesis, which is the company’s core area of operation,” the spokesman, who declined to be named, added.
Synthos is to have two production branches, Synthos Dwory and Synthos Kralupy.
Meanwhile, in their latest look at Dwory, analysts at Wood & Company noted it was now concentrating on organic growth but was not ruling out further acquisitions.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|