Business News
ALTANA sells polyurethane foam additives business
Friday 23. July 2010 - The specialty chemicals Group ALTANA sells the polyurethane foam stabilizers business of its BYK Additives & Instruments division to Evonik Goldschmidt GmbH.
An agreement to that effect was signed today. In the business year 2009, worldwide sales of the business amounted to about 5 million. The staff who have dealt with the development and production of the polyurethane foam stabilizers will remain employed at BYKs main factory in Wesel.
This press release contains forward-looking statements, i.e. current estimates or expectations of future events or future results. These statements are based on beliefs of ALTANA as well as assumptions made by and information currently available to ALTANA. Forward-looking statements speak only as of the date they are made. ALTANA does not intend, and does not assume any obligation, to update forward-looking statements to reflect facts, circumstances or events that have occurred or changed after such statements have been made.