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January 17, 2011
By: KERRY PIANOFORTE
Omnova Solutions has completed its acquisition of specialty chemicals manufacturer Eliokem International. Omnova paid €227.5 million for Eliokem. In addition to Omnova’s five chemical production facilities in North America, which provide products and services worldwide, the acquisition adds global manufacturing capability to serve Europe and the high growth, developing markets in Asia with one plant in France (Le Havre), two plants in China (Ningbo and Caojing) and one in India (Valia). In addition, the Eliokem plant in Akron, Ohio, will provide Omnova with important new processing capabilities.
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