Columbus, Ohio-Hexion Specialty Chemicals, the world’s leading global source for thermoset resins, has announced that it has reached a definitive agreement to acquire the German resins and formaldehyde business of ARKEMA GmbH. Based in the Leuna industrial park, located in east central Germany, the ARKEMA German resins and formaldehyde business manufactures formaldehyde and formaldehyde-based resins, including urea-formaldehyde, phenol-formaldehyde, and melamine-based resin systems. These resins are used to manufacture engineered wood panels, including oriented strandboard, particleboard, and medium density fiberboard. The business also produces impregnation resins used to laminate decorative paper surfaces to wood products. The business employs 100 people, and had 2006 revenues of approximately ?é¼101 million.
Transparency Across the Fertilizer Value-Chain