AkzoNobel finalizes acquisition of LII Europe activities
LII Europe operates a multi-client chlorine cluster on the Hoechst Industrial Park near Frankfurt. As well as its main chlorine activities, the company also runs a chlorinated hydrocarbon plant, along with calcium chloride and solid caustic facilities.
"We are pleased that we have been able to conclude the deal so quickly," said Rob Frohn, the AkzoNobel Board member responsible for Specialty Chemicals. "LII Europe's activities will strengthen the position of our Industrial Chemicals business, especially in the European caustic market, as well as extending our regional scope."
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