Santa Caterina: Alphacan, a subsidiary of the Arkema Group, announced a plan to divest its pipes business in Prance to Pipelife France, a subsidiary of the Pipelife Group. Alphacan, a major player in PVC converting in Europe, produces PVC pipes in France for the building and infrastructure markets. This building and infrastructure pipe activity in France represents" annual sales of some ? 45 million, and involves the design, production and marketing of PVC pipes used for sanitation and drinking water underground networks as well as for soil and waste systems in buildings.
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