Hexion Specialty Chemicals has sold its Italian-based engineering thermoplastics business, Taroplast SpA, to Giuseppe Squeri & C., SpA.
Hexion Specialty Chemicals Hexion Specialty Chemicals, Inc. is a Fortune 500 company based in Columbus, Ohio that is the world’s largest producer of binder, adhesive, coating and ink resins for industrial applications. has sold its Italian-based engineering
thermoplastics thermoplastics, materials that soften or melt when heated and harden when cooled. Thermoplastic polymers consist of long polymer molecules that are not linked to each other. i.e., have no cross-links. business, Taroplast SpA, to Giuseppe Squeri & C.,
SpA. The sale includes two manufacturing facilities located in
Pieveottoville and Soragna, Italy Italy (ĭt`əlē), Ital. Italia, officially Italian Republic, republic (2005 est. pop. 58,103,000), 116,303 sq mi (301,225 sq km), S Europe. . The business had 2005 sales of
approximately $45 million.
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