Dynea sells Asian division for ?150m

摘要

FINLAND Dynea Chemicals this month agreed the sale of its Asian division, Dynea Asia Pacific, to AICA Kogyo, a polymer chemistry company based in Japan, for around ?150 million, on a cash and debt-free basis. Finland-based Dynea, which supplies adhesive and surface solutions, is concentrating its resources around its European business and in particular its phenolic resin activities.