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Ciba to close MetalFX business

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Ciba, the Swiss speciality chemicals company, is to close its MetalFX business on 19 December.

In an open letter, Jim Walker, the unit’s business manager in the UK, explained: “The main reason is the business does not fit with Ciba Coating Effects core business, not the potential for the product in the design, printing, packaging and publishing markets.”

Ciba acquired 80% of MetalFX in September 2006.

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