With effect from September 1, the Italian companies CHIMES and Neochimica Italiana have merged to form a new company called Letex SpA. The purpose of the merger is to rationalise the production line, reduce costs and increase flexibility in order to become more competitive on both national and international markets. The new company is able to cover the entire range of chemical products for the tannery industry and has a research and development department exclusively devoted to these products. The technical and sales assistance has also been improved.