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Technip, AL seek CADE approval of polymer products deal

( November 24, 2014, 20:32 GMT | Official Statement) -- MLex Summary: Brazil’s antitrust agency has been notified about Technip Holding Benelux BV’s plans to acquire the polymer products business from Air Liquide Global E&C Solutions Germany GmbH (AL), which operates in two families of polymers: polyester and polyamide. Technip wants to expand its position as a technology supplier and strengthen its technological relationships with customers and partners worldwide, while AL intends to focus on its core activities. Technip is held by Grupo Technip and operates in management, engineering and construction of projects for the energy industry. AL is held by Grupo Air Liquide, an industrial and medical gases supplier.Read the statement below (in Portuguese):...

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