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August 9, 2005
Valspar Corporation has implemented a restructuring program and other initiatives to “eliminate redundant facilities resulting from the Lilly acquisition and to accelerate performance improvement,” according to a company-released statemen…  Read More »
August 9, 2005
Henkel to Sell Chemical Division l Henkel KgaA has agreed to sell its chemical division Cognis to a consortium of financial investors comprised of Schroder Ventures and Goldman Sachs Capital Partners. The transaction is based on an enterprise…  Read More »
August 9, 2005
Ashland Specialty Chemical Company has purchased Polydyne Inc.’s gel-coat business. The newly acquired business will operate within the composite polymers division (CPD) of Ashland Specialty Chemical Company, headquartered in Dublin, OH. The di…  Read More »
August 9, 2005
Bayer Realigns Synthetic Iron Oxide Pigment Manufacturing l Bayer Corporation, Pittsburgh, PA, will close one production line for its Bayferrox synthetic iron oxide pigments in new Martinsville, WV. The line produces standard grade iron oxide pigm…  Read More »
August 9, 2005
Condea Servo Opens New Corporate Headquarters l Condea Servo LLC has moved its NAFTA and Latin America market headquarters to South Plainfield, NJ. The new headquarters will house its sales, marketing, customer service, purchasing laboratories and…  Read More »
August 9, 2005
Cytec Increases Capacity At Lillestrom Plant l Cytec Industries, West Paterson, NJ, has increased Cymel resins’ capacity by approximately 35% at the Lillestrom plant site in Norway. Myles Odaniell, president, coating and performance chemical…  Read More »
August 9, 2005
Indopol To Be BP’s Global Polybutene Brand l BP announced that it is re-launching its worldwide portfolio of polybutenes, used in the manufacture of adhesives and sealants, under a single brand, Indopol. The new Indopol line will include the…  Read More »
August 9, 2005
Flex Products Adds Capacity To Meet Customer Demand l In response to increasing customer demand, Flex Products Inc., has more than tripled its color shifting pigment capacity by installing two multi-million dollar machines at its Santa Rosa, CA he…  Read More »
August 9, 2005
Uniroyal To Sell Adhesives Segment l Uniroyal Technology Corporation, Sarasota, FL, has signed a letter of intent to sell its specialty adhesives segment. Proceeds from the sale are expected to be approximately $25 million. The sale, which is subj…  Read More »
August 9, 2005
Palladium Equity Acquires Paint Finishing System l Palladium Equity Partners, LLC, a private equity firm, has made a controlling investment of $40 million in Haden International Group, Inc., a privately-held company that provides paint finishing s…  Read More »
August 9, 2005
Arch Chemicals Establishes Coatings Operations in China l Arch Chemicals, Inc., Norwalk, CT, has established sales support and technical service operations in Suzhou, China. Complemented by the company’s existing sales office in Singapore, t…  Read More »
August 9, 2005
Solutia Expands Production Capacity At Its Soborg Plant l The Resins and Additives business unit of Solutia announced plans to expand production capacity at its plant in Soborg, Denmark. The new capacity will help meet growing demand for the c…  Read More »
August 9, 2005
In Brief: l BASF Corporation announced that the world’s largest steam cracker, its $1 billion, joint venture between with ATOFINA Petrochemicals, Inc. in Port Arthur, TX, is in the midst of…  Read More »
August 9, 2005
While Master Lock’s locks are touted as being tougher than speeding bullets, rust was another story. Thanks to a new accord with Rust-Oleum, Master Lock padlocks will be able to combat thieves and rust forever. Through a licensing deal with R…  Read More »
August 9, 2005
l Keeping paint inside the can rather than around the rim can be quite a challenge. No matter how hard a consumer tries, paint seems to dry up in the rim and make quite a mess. But there might be a new solution to this age-old problem. Nevada high sc…  Read More »

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