US Momentive completes sale of composites and coating resins business
01 June 2011 15:32 [Source: ICIS news]
HOUSTON (ICIS)--Momentive Specialty Chemicals has completed the sale of its North American composites and coating resins business to PCCR
The composites and coatings business has annual sales of about $230m (€159m) and employs 225 workers at four production sites in the
Momentive had announced the divestment in April.
Financial terms were not disclosed.
The buyer, PCCR
($1 = €0.69)
For more on Momentive and other producers, visit ICIS company intelligenceBy: Stefan Baumgarten
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