Industry News

Eliokem acquires polymer

Author Image

By: KERRY PIANOFORTE

Editor, Coatings World

Eliokem has signed a purchase agreement with Mumbai, India-based Apar Industries, to acquire its polymer division for $27.5 million subject to regulatory approval. Apar’s polymer division is the sole Indian manufacturer of nitrile rubber and has a strong leadership position in India.

Keep Up With Our Content. Subscribe To Coatings World Newsletters