Kordsa has supported its existing activities in the US market with a new purchase by the company’s US subsidiary, Kordsa Incorporated, of the Chattanooga, USA, facility of Luxembourg-based company Invista.
Kordsa Inc. will have the legal right over the land in which Invista and Kordsa were formerly located including the existing infrastructure, power generation station, and salt and polymer production lines. Transfer of the assets is expected to be completed in three months after the required permits are obtained and legal procedures carried out.
March 28, 2017
