LEHIGH VALLEY, PA - Air Products has sold its non-pressure emulsions businesses and related production facilities in Elkton, MD, and Piedmont, SC, to Ashland Inc. The sale completes the disposal of assets of Air Products Polymers and is part of Air Products' continued portfolio management efforts to make the company more focused, less cyclical and better positioned for higher growth.
The Piedmont facility manufactures Flexcryl pressure-sensitive adhesives. The Elkton plant produces atmospheric emulsions that are used in paint, adhesives and paper coatings.
The Piedmont facility manufactures Flexcryl pressure-sensitive adhesives. The Elkton plant produces atmospheric emulsions that are used in paint, adhesives and paper coatings.
Approximately 80 employees will be offered employment with Ashland, which plans to continue operations at the Piedmont and Elkton facilities.
