Cray Valley to Acquire Akzo Nobel's UV/EB Resins

ARNHEM, The Netherlands - Akzo Nobel announced an agreement to sell its Ultra Violet/Electron Beam (UV/EB) Resins business to Cray Valley S.A., part of the Total Group of France. Terms were not disclosed.

The UV/EB Resins business is a producer of acrylated monomers and oligomers for the ink, wood-coatings, plastics-coatings, and opto-electronics markets. The business operates facilities at Eccles in the UK and New Brunswick, NJ.

Cray Valley is the parent company of U.S.-based Sartomer Co.