Arkema to hive off superabsorbent polymers business to Sumitomo Seika

11-Mar-08
French chemicals maker Arkema has agreed to sell its superabsorbent polymers business to Japan's Sumitomo Seika. The agreement calls for Arkema to transfer ownership of its Carling plant in eastern France while continuing to operate production there. The agreement with Sumitomo Seika also includes a long-term contract for the supply of acrylic acid produced at Carling.
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