Industry News

Cognis: Sale of UV Acrylates Business to IGM Resins Now Formally Completed

Sale includes the Photomer trademarks, IP, inventory and Charlotte, NC manufacturing site

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Cognis and IGM Resins B.V., based in Waalwijk, The Netherlands, announced that the sale of Cognis’ UV acrylates business has now been formally completed. Following the signing of the sale and purchase agreement in April 2010, and fulfillment of the necessary closing conditions, the sale has now been formally concluded. The UV acrylates business, which had been part of Cognis’ Functional Products strategic business unit, manufactures and sells monomers and oligomers for UV applications ma...

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