Sell-off sealed

SPECIALIST chemicals firm Laporte has announced a further major step in its re focusing strategy with the planned £110 million…

SPECIALIST chemicals firm Laporte has announced a further major step in its re focusing strategy with the planned £110 million sterling sale of a substantial part of its European adhesives and sealants operations. Laporte has raised some £170 million in disposals since June, reducing its operating sites by almost one third in the process. Profits from the sell offs will go towards eliminating the group's debts.

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