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Ashland Inc. completes purchase of Neste Polyester

03 May 2001


Ashland Inc has completed the purchase of Neste Polyester’s business and assets from Dynea Oy, formerly Norkemi Oy, effective Apr. 30. Terms of the purchase agreement, which was announced Feb. 23, were not disclosed. The newly acquired business will operate within the Composite Polymers Division of Ashland Specialty Chemical Company, a division of Ashland Inc. Neste Polyester manufactures and markets high-quality unsaturated polyester resins and gelcoats for the marine, building and construction, and transportation industries worldwide.

Ashland Specialty Chemical Company, a division of Ashland Inc., is a worldwide supplier of specialty chemicals serving industries including adhesives, automotive, composites, foundry, merchant marine, paint, paper, plastics and semiconductor.






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