Italy's Tenax Group acquires Hexion's European coatings unit

01/21/2010 | American City Business Journals

Hexion Specialty Chemicals has decided to sell its Italian solvent-borne alkyd and polyester coating resins business to Tenax Group, marking its exit from the European market for such coatings. Under the deal, Tenax will take over operations at Hexion's plant in northern Italy and will offer positions to those employees affected by the sale.

View Full Article in:

American City Business Journals

Published in Brief: