Lion completes purchase of DSM Copolymer

Baton Rouge, Louisiana --Lion Chemical Capital LLC has closed on the sale of DSM Copolymer Inc.s SBR business and named Paul Saunders as president of the acquired firm.

Lion Copolymer LLC--as the business will be called--will continue to be headquartered in Baton Rouge.

"We look forward to building a strong and growing company," Saunders said. "An early top priority will be to promote a safe and environmentally responsible workplace."

Peter De Leeuw, Lion Chemical managing director, said Lion Copolymer will have revenues of more than $200 million. "Our intention is to be the premier supplier to our customers by emphasising quality, reliability and focusing on meeting customer needs," he said.

Lion Chemical last year purchased PolyOne Corp.'s rubber compounding business and operates it as Excel Polymers LLC It has revenues of more than $400 million

Excel and Lion Copolymer will operate separately.

From Rubber & Plastics News (A Crain publication)