Email Email Print Print
Clip Clip & File

Only on :: Latest News

January 7, 2014

AkzoNobel completes sale of primary amides business to PMC Group

Scott Jenkins

AkzoNobel (Amsterdam, The Netherlands; completed the sale of its primary amides chemicals business to the chemicals and plastics company PMC Group Inc. (Mt. Laurel, N.J.;, effective December 31, 2013. Financial details were not disclosed.

Under the terms of the agreement, a manufacturing facility in Kyungju, South Korea, and all 37 employees will transfer to PMC Group with immediate effect, along with the erucamide, oleamide and other primary and secondary amides sold under the Armoslip tradenames.

The sale follows a review of the business' fit within AkzoNobel's Functional Chemicals portfolio, where it operated as a standalone activity.

Primary amides products are used primarily in the polymer industry to create plastics bags and plastic films for packaging.

Add a Comment


Please enter the letters or numbers you see in the image. (refresh)

Related Stories

LinkedIn Groups

Our LinkedIn group is now over 33,000 members strong!

  1. Join other CPI professionals from all over the globe and share best practices, expertise, concerns and more.
  2. Provide feedback to Chemical Engineering Editors

Current members represent Worley Parsons, DuPont, SABIC, Fluor, Air Products, LyondellBasell, Nalco, Dow Chemical, Dow Corning, BASF, Jacobs Engineering, ExxonMobil, Shell, Chevron and more.

Join Now

We also offer the following subgroup for more targeted discussions:

Search the Buyers' Guide

Plant Cost Index

Facts at Your Fingertips (archive)

Ask the Experts

Back Issues
To access this area, please log in or create an account.
Forgot your password?
Request it now.
Live chat by BoldChat