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Nuplex adds Akzo resins.

Publication: Urethanes Technology
Publication Date: 01-APR-05
Format: Online
Delivery: Immediate Online Access
Full Article Title: Nuplex adds Akzo resins.(Nuplex Industries Ltd. acquries Akzo Nobel N.V.)(Brief Article)

Article Excerpt
ARNHEM, THE NETHERLANDS -- Akzo Nobel has sold its coatings resins business to Nuplex industries Ltd, following Nuplex's offer in October 2004 of 110 million [euro] ($148 million) for the business.

Sales of the coating resins unit were 256 million [euro] in 2003, with earnings (EBITDA) of 8 million...

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