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Dynea sells Finnish paper overlays business

May 24 2012  Dynea Chemicals has sold its paper overlay business and assets in Kitee, Finland, to Surfactor Finland Oy.

The Kitee plant produces phenolic surface films and employs 36 persons, who will continue to work for the new owner.The turnover 2011 was 17 million Euros.Phenolic surface films (PSF) are resin impregnated industrial overlays designed to improve the surface characteristics of wood-baased panels."Dynea has been systematically developing its business portfolio. This divestment is a logical step in our strategy to focus on our core product and application areas," said Hans Pettersson, CEO of Dynea.Surfactor Finland is an affiliated company to Surfactor Germany GmbH, a leading manufacturer of paper overlays for the world wide plywood, furniture, transport and construction industries.

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