LANXESS to sell its chrome chemicals business to Brother Enterprises

Specialty chemicals company LANXESS is selling its chrome chemicals business to Brother Enterprises, a Chinese leather chemicals producer. Both companies today, August 12, 2019, signed a respective agreement. The transaction is still subject to approval by the relevant antitrust authorities. LANXESS expects to complete the planned transaction by the end of 2019. – – “We have successfully reorganized our chrome chemicals business in recent years. However, it no longer fits in with our strate…

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Source: webwire
LANXESS to sell its chrome chemicals business to Brother Enterprises



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