Lanxess Sells Urethane Systems Business to Ube

Lanxess signed an agreement to sell its Urethane Systems business to Ube. The value of the business is equivalent to 460 million euros ($503.3 million), and the sale price is expected to be approximately 500 million euros. With this transaction, Lanxess will exit its last polymer business. The Urethane Systems business has five manufacturing sites worldwide and laboratories for application…

Please subscribe to read the full story.Subscribe
Already a member? Log in here

,