Stay updated with breaking news from Sealock Ltd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
/PRNewswire/ -- The "Hot Melt Adhesives (HMA) Market by Type (EVA, SBC, MPO, APAO, PA, PO, PU), Application (Packaging Solutions, Nonwoven Hygiene Products,...
A planned expansion of an Andover business worth millions of pounds has been cancelled after the ‘catastrophic’ impact of Brexit. Follmann Chemie, based in Germany, had planned to expand its factory at Sealock, an adhesives business in Andover, to export more products to the EU. However, following Brexit, the firm’s shipping costs have risen significantly, causing the £2.5 million pound project to be cancelled. Henrik Follmann, the chief executive of Follmann Chemie, told the Financial Times that Brexit had been “a catastrophe” for his firm. “Brexit has been a nightmare, ...