AkzoNobel to acquire China's Boxing Oleochemicals, bio-polymers in sight

August 4, 2011 |

In the Netherlands, AkzoNobel is acquiring China’s Boxing Oleochemicals, which will be integrated into AkzoNobel’s Surface Chemistry unit.  The unit manufactures bio-polymer and synthetic additives with uses ranging from home and personal care to asphalt road paving.  The completion of the transaction is subject to closing conditions, including the approval of the Chinese authorities, and is expected to be finalized in the last quarter of 2011.

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