for Perstorp under a transitional
PE is a versatile building block for the manufacture of alkyd resins, varnishes, PVC stabilizers, olefin antioxidants and other products.
The transaction is expected to close within 60 days, subject to fulfillment of certain conditions. The parties will work together to ensure a seamless transition with no disruption in customer service or supply.
Following transaction close, Ashland will continue to manufacture PE for Perstorp under a transitional supply arrangement untilcustomer and other transitions are complete.
