date:Jul 06, 2012
e with Johnson Johnsons Nicorette gum, which account for around 45% of the global market.
The company also has plans to use its polymers in other fast moving consumer goods, such as detergents, and is working on non-halogenated polymers for rigid and flexible food packaging.
Revolymer will place 25,000,000 placing shares with institutional investors at a price of 100 pence each.
The business will be worth 53m after admission of the shares.