Imerys Buys Astron's Chinese Businesses in Fused Zirconia,Zircon & Zr Chemicals

摘要

Mr Alex Brown (Managing Director of Astron) said:"The price reflects the future value that we could achieve from operating these businesses on a stand-alone basis.The time is right for Astron to divest these assets and to focus our strategy on the higher value and growth opportunities attainable from minerals production and from TiO2."