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Ciba closes MetalFX business

Dec 12, 2008 12:00 AM

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The Ciba Coating Effects Segment Leadership Team has decided to close the MetalFX business. The main reason cited is a mismatch with the company’s core business, not the MetalFX product’s market potential.

The Ciba MFX business will officially close on the December 19, 2008. Ciba MFX is working with an external technical support consultancy to establish telephone support for the product for 12 months after the business closes. Ongoing contracts will close December 19.

During this period Ciba MFX will settle all outstanding invoices owed by the business and both during and after this period will collect all moneys owed to the business.

Ciba has extended thanks to its customers, resellers, partners and suppliers.