13 September 2012 09:11 [Source: ICIS news]
“This acquisition will enable Solvay's Novecare business to accelerate growth plans in
Solvay has signed an agreement with
“With Sunshield Chemicals, we are expanding our existing industrial base in this country and reinforcing our commercial presence in strong growth market segments," Novecare president Emmanuel Butstraen said.
The Indian firm had generated net sales of rupee (Rs) 943m ($17m) in the year ended 31 March 2012, Solvay said.
($1 = Rs55.22)
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|
Asian Chemical Connections