2 February 2015
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DETAILS
has decided to acquire the refrigerant business
in Europe of major Belgian chemical group Solvay S.A.
Acquiring Solvay will enable Daikin
to fully enter the refrigerant business in Europe,
inheriting in addition a sound production base on
the continent which will help it achieve the above purpose.
Daikin will also further expand its product lineup to
include the automotive refrigerant
sold by Solvay as it aims in 2018 for sales
in the global refrigerant market of 30 billion yen.
With this acquisition, Daikin also intends to
solidify its relationship with European automotive manufacturers
and further expand sales of fluorinated materials
to this industry by accelerating product development
that precisely meets customer needs.
WWW.CHEMWINFO.COM BY KHUN PHICHAI
