IN BRIEF: Synthomer to divest "capital-intensive" Acrylate Monomers
Synthomer PLC - London-based developer of polymer chemicals - Agrees to divest the operating company of its Czech Republic-based Acrylate Monomers business, to German "private equity-style company" Mutares SE & Co KGaA. Acrylate supplies acrylic acid and related monomers to European merchants. Synthomer says Acrylate supports some downstream needs, including as an acrylic monomer supplier for group companies and producing acrylic dispersions on its behalf, and that these arrangements will continue. Read More