Akzo Nobel to retain Salt Specialties

17-5-2006 14:37:01

Today Akzo Nobel has announced to withdraw Salt Specialties from its list of Chemicals businesses to be divested. This implies that Salt Specialties with manufacturing facilities in the Netherlands and Denmark will remain within Akzo Nobel. Salt Specialties will continue as a separate business as part of the Akzo Nobel Chemicals Group. Although several parties expressed a serious interest in acquiring the business, the decision not to sell the Salt Specialties activities was made when it became clear that a satisfactory deal based on the company’s original divestment offer would not be forthcoming.