| Taminco reaches agreement with Arkema Inc. |
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Gent, Belgium – May 1st, 2007 – Taminco has reached an agreement with Arkema Inc to acquire its American Alkylalkanolamines, Specialty AAA, Deha and Higher Amines business with a turnover of approximately 60 Mio US$ in fiscal year 2006 and its plant in Riverview (Detroit, US) with approximately 88 employees.
"Acquiring the amines activities of Arkema Inc is a first step in building out a selective derivative position in the United States and follows our strategy of being the dedicated supplier of Amines and Derivatives" said Taminco's CEO, Pol Vanderhaeghen. He continues: “We want to share our excitement with every employee of Arkema Inc who will join us”. For more information, please contact:
Pol Vanderhaeghen, Chief Executive Officer - T : +32 9 254 15 80 |