July 24, 2014 2:28 PM ET

Chemicals

Company Overview of ZAO metadynea

Company Overview

ZAO metadynea manufactures and markets adhesive resins. It produces phenolic resins that are used as binders in mineral wool and in manufacturing plywood. The company also produces low emission and amino resins. The company caters to mechanical woodworking and construction industries. The company was founded in 2004 and is based in Moscow, Russia. ZAO metadynea operates as a subsidiary of JSC Metafrax.

Electrozavodskaya Str. 27.

Moscow,  107023

Russia

Founded in 2004

Phone:

7 495 783 0052

Fax:

7 495 783 0054

Key Executives for ZAO metadynea

Chief Executive Officer
Compensation as of Fiscal Year 2014.

ZAO metadynea Key Developments

Metafrax Reportedly to Acquire MetaDynea and Karbolit

JSC Metafrax is reportedly seeking to acquire stakes in Z.A.O. MetaDynea and Karbolit Joint Stock Co. from Dynea Oy, Kommersant said. The deal is valued at $30.375 million. Later, Metafrax intends to merge both and to increase their operating load from 65% to 100%. The deal will be structured in two stages. Dynea Chemicals has already sold its shares to the Panama offshore Kirsis Inc, from which Metafrax will buy them in October 2012, Kommersant added. Metafrax shareholders will consider approving the transaction with Kirsis Incorporation at their extraordinary meeting to be held on October 29, 2012.

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