WESEL, Germany (June 8, 2010)—The polyurethane casting resins business of ABB Micafil, a subsidiary of ABB Schweiz, has been acquired by specialty chemical company Altana A.G.
The newly acquired business, which operates under the brand names of Micares and Resodip, will be incorporated into Altana's Elantas Electrical Insulation division, Altana said, adding that the PU resins will be manufactured at Micapil's sites in Collecchio, Italy and Hamburg, Germany.
PU casting resins are used in a range of electrical engineering applications for the automotive industry, among others.