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January 27, 2011
By: DAVID SAVASTANO
Editor, Ink World Magazine
Momentive Specialty Chemicals Inc. has signed a definitive agreement to sell its global Ink & Adhesive Resins (IAR) business to Harima Chemicals, Inc., a leading producer of pine-based products. The transaction is subject to customary conditions including governmental reviews. Closing is anticipated to occur in the first quarter of 2011. With 2009 annual revenues of $278 million, IAR is one of the world’s leading suppliers of resins and additives to aroma chemical, synthetic...
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