Lanxess to buy DSM's EPDM business

摘要

With the acquisition of Dutch company DSM Elastomers, Germany speciality chemicals company Lanxess says it will be able to strengthen its production technology for EPDM. The German company will buy DSM's Keltan EPDM business and ACE technology for EUR310 million. The transaction is subject to approval from antitrust authorities and is expected to close early 2011.