EC Clears Degussa's Acquisition Of Dow's Superabsorbent Unit

摘要

Brussels-The European Commission last week approved Degussa's proposed acquisition of Dow Chemical's superabsorbent polymers business(PCN,20 Feb 06,p 4).The acquisition,for which financial terms have not been disclosed includes Dow's superabsorbent plant in Rheinmuen-ster/Baden,Baden,Germany,and a toll production agreement with Dow's superabsorbent facility in Midland,Mich.As part of the deal,Dow has reached a long-term agreement to supply Degussa with glacial acrylic acid,with opportunities for future growth of the volume over time.