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January 16, 2006
By: KERRY PIANOFORTE
Editor, Coatings World
LANXESS SELLS ISL-CHEMIE TO BERLAC AG Lanxess has sold iSl-Chemie GmbH & Co. KG, Kürten, Germany to Berlac AG, Sissach, Switzerland. The purchase price for iSL-Chemie, a subsidiary of Lanxess business unit Rhein Chemica Rheinau Gmbh, Mannheim, Germany, was approximately €20 million. The transaction is effective immediately. iSL-Chemie, which produces color pastes and specialty coatings for plastics, employs approximately 130 people and is expected to have sales of approximately €25 million in 2005. The Berlac group is a global manufacturer of highend special lacquers and effects for the design industry.
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