Welcome Guest to Coatings World    Login || Register
Last Updated Monday, September 1 2014
Print

Ashland to acquire ISP for $3.2 billion



Published June 1, 2011
Related Searches: Additives Business Operation Adhesives
Ashland Inc. and International Specialty Products Inc. (ISP) have formed an agreement where Ashland will acquire ISP for $3.2 billion in an all-cash transaction. Ashland said ISP’s product portfolio will expand its product offerings in high-growth markets. For the 12 months ended March 31, ISP generated sales of approximately $1.6 billion and EBITDA of approximately $360 million. Based in Wayne, NJ, privately held ISP is a global supplier of specialty chemicals for consumer and industrial markets, including water-soluble polymers. The company’s product portfolio includes materials for coatings and adhesives, notably biocidal agents for in-can preservation and dry-film protection of paints and coatings. Ashland’s product mix includes materials for the food and beverage, energy, coatings, adhesives and water-treatment markets. Based in Covington, KY, Ashland, said the acquisition is expected to significantly strengthen its functional ingredients portfolio and its team of research and development scientists. The transaction is expected to close prior to the end of the third quarter. 


blog comments powered by Disqus
Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
Sunin Machine Co., Ltd.
No.96, Chiao Ho Rd ,Chungho Dist
New Taipei City, Taiwan , 235
Taiwan Roc
View Profile
Keeneyes
18F, No.85, Sec. 1, Chung-Shiao E. Rd.
Taipei, Taiwan, 100
R.O.C.
View Profile
Shamrock Technologies, Inc.
Foot of Pacific Street
Newark, NJ, 07114
USA
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
US
View Profile
Siltech Corporation
225 Wicksteed Avenue
Toronto, ON, M4H 1G5
Canada
View Profile
Lubrizol Advanced Materials, Inc.
9911 Brecksville Road
Cleveland, OH, 44141
US
View Profile
Buhler Group (Nanotechnology)
13105 12th Ave. North
Plymouth, MN, 55441-4509
USA
View Profile
AZ Electronic Materials Co., Ltd.
No. 458-6, Sinsing Road Hu Kou Township Hsinchu Country 303, Taiwan
Hsinchu Country, Taiwan, 303
Taiwan
View Profile
Houchi Chemical Co., Ltd
No.56, Fu Chow Street
Taipei, Taipei, 100
Taiwan
View Profile
Follow Coatings World On