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PLASTICS AND PROCESSING ADDITIVES DIVESTS LEAD STABILISERS BUSINESS
07 December 2001 - Akcros Chemicals
| Following the announcement in August of this year, regarding its intention to discontinue its lead stabilizers and related rigid plastic applications business, Akzo Nobel’s business unit Plastics and Processing Additives, which trades as Akcros Chemicals, has signed an agreement for a Management Buy-Out (MBO) by a team of key personnel on December 3, 2001. |
The MBO-team will form a new company under the name of Allstab, which will continue the Akcros Chemicals operations in Dueren, Dahlem (Germany) and Roermond (Netherlands). Akcros Chemicals will keep responsibility for the Rigids Stabilisers business during the first quarter of 2002 and will transfer the business to Allstab in April 2002. The lead and calcium based stabilisers concerned are for use in the manufacure of PVC window profiles, cables and pipes. The business also includes lead oxide, manufactured in Roermond, which is used both as a raw material for lead stabilisers and the crystal glass industry. “The lead stabilizers business represents only one third of the Akcros business” explains Akcros Business Unit Manager, Kees van Nierop. “The remainder of the Akcros business, PVC additives for flexible and rigid foil applications and polysulphide chemicals used in aerospace and building applications, looks very positive. We can now concentrate on growing our leading world positions in these products”.
http://www.akcros.com
About: Akcros Chemicals
Akcros Chemicals, a business unit of Akzo Nobel, is one of the world leaders in the field of additives for the processing and manufacturing of plastics as well as Polysulphide Chemicals for the aerospace, marine and construction industries. Annual sales amount to approximately EUR 200 million. With headquarters located in Eccles, UK, Akcros employs around 900 people. The company has manufacturing sites in the UK, Germany and the USA and sells its products world-wide.Akcros Chemicals is actively committed to the ongoing development of new products that bring added value to their customers. The company’s biocides are based on the active ingredients Oxybisphenoxarsine (OBPA), Zinc Pyrithione (ZnP) and Iodo Propynl Butyl Carbamate (IPBC). These active ingredients are supplied in liquid, powder and solid form so that customers have a broad range of formulating options depending on their particular end use requirements. To help customers to select the appropriate active ingredient and the levels for their particular formulations, Akcros has state-of-the-art microbiology laboratories in New Brunswick, New Jersey (USA) and Düren, Germany. Akcros Chemicals welcomes the opportunity to work with anyone interested in superior biocidal protection. Akcros Chemicals’ quality, technical support and customer service are the best in the industry. Working closely with their customers, Akcros are dedicated to their total satisfaction. Call Akcros today (732-220-6882 USA, 44 161 785 1111 UK) to ensure full ‘SANIPROOFED by INTERCIDE’ biocidal protection. Akzo Nobel, based in the Netherlands, serves customers throughout the world with healthcare products, coatings and chemicals. Consolidated sales for 2000 totaled EUR 14 billion (USD 13 billion, GBP 8.5 billion). The Company currently employs 67,400 people in 80 countries. |
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