Omnova Solutions takes over Resiquímica
Courtesy: Omnova Solutions
Omnova Solutions has taken over Resiquímica, a Portugal-based producer of resins and binders for coatings and building and construction industries. Resiquímica's aqueous polymer emulsions and solvent-borne resins are used in several residential and industrial coatings. Markets served by Resiquímica include Portugal, Spain, France, and North Africa.
Additionally, unsaturated polyester resins from Resiquímica are targeted at demanding applications in marine, food storage tanks, and more.
"This is another important milestone in Omnova's path to becoming a premier global specialty solutions company. The acquisition of Resiquímica expands our technology and product offerings in the coatings and construction industries, strengthens our position in the EMEA region and enhances production flexibility and capabilities for our specialty business," said Anne P Noonan, president and CEO of Omnova Solutions. "We welcome the Resiquímica team to the Omnova family. The combined businesses are synergistic and will help accelerate growth."
Omnova Solutions is a global innovator of performance-enhancing chemistries and surfaces used in products for a variety of commercial, industrial and residential applications. As a strategic business-to-business supplier, Omnova provides The Science in Better Brands, with emulsion polymers, specialty chemicals, and functional and decorative surfaces that deliver critical performance attributes to top brand-name, end-use products sold around the world. (SV)
Fibre2Fashion News Desk – India