Air Liquide, which regularly reviews its business portfolio, confirms that it is evaluating the opportunity to potentially divest Aqua Lung, a major player in personal aquatic equipment for recreational and professional use, in order to best support Aqua Lung’s next phase of growth and enable it to deliver on its strategic roadmap.
Air Liquide is focused on its Gas & Services activities following the Group’s acquisition of Airgas, as well as on the implementation of its company program NEOS for the 2016-2020 period.
There can be no assurances that any of these discussions will result in an agreement or that a transaction will be completed. The Group has no further information to share at this time.
Source: Air Liquide
The investment enables the steam cracker to increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production. The move supports the Borealis Strategy 2030 for a circular economy. The Porvoo investment program is expected to be completed in 2025.
Murray Auchincloss, bp’s CEO, said in a statement: “As I set out in February, BP’s destination from IOC [international oil company] to IEC [integrated energy company] is unchanged – and we need to deliver as a simpler, more focused, and higher-value company.
Founded in 1972, Tecnofilm has expanded its product portfolio over the years to offer a wider range of compounds and functional polymers for various industrial applications and technical articles. The company has patented several of its products.
