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Momentive sells NA resins business

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By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

Momentive Specialty Chemicals Inc. and PCCR USA, Inc. have signed a definitive agreement for Momentive to sell its North American composites and coating resins business to PCCR USA, a subsidiary of Investindustrial, a European investment group with operations in specialty chemicals, resins and intermediates.

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