Eliokem sets up headquarters outside Paris

VILLEJUST, France (Jan. 17)—Eliokem S.A.S., the former Goodyear specialty chemical businesses, has established headquarters in Villejust, just outside Paris, and put its web site, www.eliokem.com, on line. The business, acquired by the U.S. private investment firm Littlejohn & Co. L.L.C. on Dec. 28, will continue to promote itself under the "Materials & Concepts" umbrella, according to Jacques Collange, CEO of Eliokem, and formerly general manager of the business under Goodyear. In a letter to customers, Collange said Eliokem will maintain industrial and commercial relationships with Goodyear Chemical, particularly in terms of logistics in Europe and distribution of Goodyear Chemical products in Asia. Eliokem's product line includes resins, elastomeric modifiers, antioxidants and latexes used in rubber coating.