Dynea sells Dutch resins plant to management team members
Dynea Nederland Holding BV has sold the shares of its Dutch company, Dynea BV, on September 10, 2012, to ChemCom Investments BV, a legal entity formed by former and current members of the management team of Dynea BV. The details of the management buy-out are not disclosed. Dynea BV has a resins plant in Delfzijl in the Netherlands and employs 35 persons, who will continue to work for the new enterprise. The plant, which started operations in 1971, produces some 70,000 tonnes of formaldehyde and approximately 130,000 tonnes of formaldehyde based resins annually, used mainly in the