Domo Chemicals takes over Solvay’s polyamides business
The business contains generation, sales, specialized support, R and D and innovation providers in France, Spain, Poland, Germany and Italy that now have a put together headcount of roughly 1,one hundred personnel. The settlement also includes a joint undertaking between Basf and Domo in France for the generation of adipic acid.
Yves Bonte, Domo Chemical substances CEO, explained: “This acquisition is a major milestone on our route to improve Domo Chemicals’ nylon-based mostly engineering products business. It is an vital step in providing on our sustainable growth technique by combining and leveraging on the exceptional technological know-how, improvement and style and design capabilities of our put together teams to become a main world support supplier to our buyers in our critical markets transportation, electrical and electronics and shopper merchandise.”
Bonte included: “As a closing step in the acquisition, we will now begin our approach of checking out and integrating the complementary strengths of the numerous teams and skills. Our prime target will keep on to be serving our customers’ wants and conference their prerequisites as we set out to become a exceptional integrated nylon (six and six.six) answer provider”.
“New and present buyers of both of those Domo Chemical substances and the obtained business will now be in a position to accessibility even a lot more large top quality, progressive and sustainable answers for their improvement of procedures, goods and purposes in the ongoing incredibly dynamic market place environment,” Bonte included.
Fibre2Fashion Information Desk (SV)