Noveon Sells Telene DCPD RIM Business

The Telene DCPD RIM resins business of Noveon Corp., Cleveland, has been sold to Rimtec of Tokyo.

The Telene DCPD RIM resins business of Noveon Corp., Cleveland, has been sold to Rimtec of Tokyo. Noveon is a subsidiary of Lubrizol Corp., Wickliffe, Ohio. Rimtec is a joint venture of Zeon Corp. and Teijin Chemicals of Japan and has been a Telene distributor for several years. The business will be renamed Telene SAS, and its main office will move from Brussels, Belgium, to the technical center in Drocourt, France.