15/12/2014

www.gupta-verlag.de/rubber

Ashland completes sale of its elastomers business to Lion Copolymers

The elastomers business, which primarily serves the North American replacement tyre market, accounted for approximately 18 % of Ashland Performance Materials' USD 1.6 billion in sales in fiscal 2014. Ashland operates a 250-person manufacturing facility in Port Neches that serves elastomers customers. "We are pleased with the value we received for the business and believe this transaction represents a good strategic fit for Lion,” said James J. O'Brien, Ashland chairman and chief executive officer.

www.gupta-verlag.de/rubber