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Issue 15, 2020 - Ashland sells maleic anhydride business for $100 million

 Last Update: 2022-11-12
 Source: Internet
 Author: User

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momentive specialty chemicals

maleic

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Ashland sells maleic anhydride business for $100 million

On July 27, U.
S.
specialty chemicals company Ashland announced the sale of its maleic anhydride business and production facilities in Neal, West Virginia, to AOC Materials for $100 million
.
Ashland said the sale has given further impetus to streamline its strategic business
.
The transaction is expected to close before the end of the year, subject to regulatory approvals
.

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