Otto Wendt invested the money in a study at the University of Lund in southern Sweden, into the development of polyalcohols or polyols, specialty chemicals mainly used for the production of resins.
Acetic acid is mainly used in Scandinavia and we sell approx, 2 million bottles a year, and still retain 50 percent of Swedish market. Operations of this business area are conducted in three business units. Radiation Curing.
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