Dynamic Colours to sell two companies to UK's AEI

DYNAMIC Colours has entered into a legally binding terms sheet and a supplemental agreement to sell Suzhou Huiye Chemical & Light Industry Co and Suzhou Huiye Plastic Industry Co to AEI Compounds for about US$15 million.

Based in the UK, AEI Compounds is a division of the North American Saco Polymers Group. It develops, manufactures and sells specialised thermoplastic and cross-linkable polymer compounds.

Dynamic Colours is engaged in the business of colour compounding and modified compounding of resins used in external casings or component parts of electrical appliances and electronic devices.