Ashland Completes Acquisition of Composites Manufacturing Facility in France From Reichhold
COVINGTON, KY, June 6, 2017 – Ashland Global Holdings Inc. (NYSE: ASH) today announced that it has completed the previously announced acquisition of a composites resin manufacturing facility in Etain, France, and its associated business, from Reichhold Holdings International B.V.
The facility, which employs approximately 50 people, manufactures unsaturated polyester resins (UPR) used in a variety of end markets, including transportation and construction. Reichhold said the divestiture was an integral part of the program to achieve closing of its previously announced combination with Polynt.
Source Link» Publication Date: 09/06/2017
This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement Nº 768737