Clariant have announced that they have just completed the sale of their hydrosulfite business to Canadian-based Chemtrade Logistics Inc.
The sale worth US$62 million incorporates:
- Production facility in South Carolina, USA
- Production facility in Washington, USA
- Sales office in North Carolina, USA
- Sales office in Trois Rivieres, Canada
The hydrosulfite business produces sodium hydrosulfite which is mainly used for bleaching paper.
For more information on the paper industry, click here.