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Nouryon announced the completion of the acquisition of Zhejiang Freed Chemical .
The acquisition will significantly increase Nouryon's global TEAL production and strengthen its position as the world's leading TEAL produc.
Johan Landfors, Managing Director of Nouryon's Polymer Chemicals business, said: "Fred has a strong reputation in the indust.
The acquisition includes the production base, products, technologies and sales channels in Jiaxing, Zhejia.
The transaction is Nouryon's second acquisition in a year to strengthen its polymer industry leadersh.