12 June 2007, Press release
Dynea acquires the formaldehyde business of Formaldehydwerk Schwarze Pumpe GmbH
Dynea has acquired the formaldehyde assets and manufacturing operations of Formaldehydwerk Schwarze Pumpe GmbH (FSP), a formaldehyde producer located in Spreetal/Spreewitz close to Dresden, Germany.
“We are pleased to welcome FSP into the Dynea family. As FSP is the formaldehyde supplier to our resins plants in Erkner, Germany and Trzemeszno, Poland, this acquisition secures the continued supply to these key sites, as well as gives Dynea opportunities to develop our formaldehyde sales to external customers within the locality of FSP,” says Roger Carlstedt, President and CEO of Dynea.
FSP produces 16,000 tonnes of formaldehyde (100%) annually and employs 12 persons. The plant, which uses Dynea’s formaldehyde technology, began operating in 2001. The plant will operationally be closely integrated with Dynea Erkner GmbH.
For more information, please contact:
John Machin, Senior Vice President, Dynea Region Europe South,
tel. + 43 2732 899 1717
Sylvester Schiegl, Vice President, Dynea Krems / Kazincbarcika / Erkner / Trzemeszno / Schwarze Pumpe,
tel. +43 2732 899 1155
Dynea in brief:
Dynea is an international provider of superior adhesion and surfacing solutions. Dynea has revenues of EUR 1.2 billion. With 52 production units in 26 countries in Europe, the Americas and Asia Pacific, Dynea has some 3,000 employees. Dynea is in the process of divesting its operations in North America. Visit our web site at http://www.dynea.com to learn more about our operations.