Nabaltec acquires remaining interest in Nashtec

By Davide Ghilotti
Published: Monday, 20 March 2017

The acquisition of the shares previously held by joint venture partner Allied Alumina is part of the company’s focus to find a new source of supply, with a view to restarting operations next year.

German speciality materials and flame retardants supplier Nabaltec AG has acquired total ownership of its USA-based subsidiary, Nashtec LLC, as the company looks for a way to reopen the temporarily mothballed facility.

Nabaltec announced over the weekend it has reached an agreement to buy the remaining 49%...

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