Dynea Chemicals Oy has acquired the total capital stock of S.C. Rom Re Ro Munteanu S.R.L., a privately owned Romanian company manufacturing adhesives. This move is in line with Dynea’s strategy to strengthen its presence in the South Eastern region of Europe.

“We expect to see substantial growth in this region in the years to come,” says Ms Nina Kopola, Dynea Executive Vice President and President Dynea Europe. “Romania is an interesting country, with strong growth in our customer industries and we are very excited about gaining a foothold here. Furthermore, this acquisition will give Dynea the opportunity to focus even more into phenolic specialty areas.”

Rom Re Ro’s production site in Rasnov, close to Brasov in the middle of Romania, develops and manufactures a wide range of products including urea and phenolic resins for the wood-working industry and novolacs for a variety of other industrial applications. The company has an annual production capacity of 50,000 tonnes as well...