Swiss Lonza sells US performance urethanes and organics business

28 December 2012 06:56  [Source: ICIS news]

SINGAPORE (ICIS)--Lonza has completed the sale of its US performance urethanes and organics business in Brandenburg, Kentucky to Monument Chemical, the Swiss fine chemicals and pharmaceutical company said on Friday.

Financial terms are not being disclosed, Lonza said in a statement.

This sale enables Lonza to focus on more core activities and helps fulfill a strategic growth area for Monument Chemical, the company said.

The sale was announced in November 2012.

By: Surinder Malhi
+65 6780 4327

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