Prayon completed the acquisition of Febex from Arkema.

Prayon, a phosphorus chemistry company, completed the acquisition of Febex, a manufacturer that produces phosphorus derivatives, from Arkema, a manufacturer of specialty materials. Financial terms were not disclosed. “We are delighted to welcome Febex’s teams in the Prayon Group, to pool our expertise in phosphorus chemistry and to study together the opportunities for growth beyond our existing activities,” Geoffrey Close, Prayon CEO.