Kemira closes the acquisition of BASF's global AKD emulsion business
Kemira Oyj has closed the acquisition of BASF's global AKD emulsion business announced on February 27, 2014. AKD is an alkyl ketene dimer based sizing agent, which impacts paper and board hydrophobicity or water resistance. The acquisition strengthens Kemira's position in offering sizing products for the paper industry especially on the continental European market.
ByLesprom Network
May 07, 2014. /Lesprom Network/. Kemira Oyj has closed the acquisition of BASF's global AKD emulsion
business announced on February 27, 2014. AKD is an alkyl ketene dimer based
sizing agent, which impacts paper and board hydrophobicity or water resistance,
as the company said in the press release received by Lesprom Network.
The acquisition strengthens Kemira's position in offering sizing
products for the paper industry especially on the continental European market.
The parties have agreed not to disclose financial details of the agreement.
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