- Business exchanges gain in popularity among global
coatings companies
Witco and Ciba Speciality Chemicals have signed a Letter of Intent to exchange Witco's epoxy systems and adhesives business and Ciba's PVC heat stabilisers business in a one-for-one transaction. The transaction involving the businesses, both with sales of approximately US$120 million last year, is expected to be completed late in ......
- Business exchanges gain in popularity among global
coatings companies.
Witco and Ciba Speciality Chemicals have signed a Letter of Intent to exchange Witco's epoxy systems and adhesives business and Ciba's PVC heat stabilisers business in a one-for-one transaction. The transaction involving the businesses, both with sales of approximately US$120 million last year, is expected to be completed late in ......
- Hexion completes purchase of coatings & adhesives
business from the Rhodia Group.
Hexion Specialty Chemicals, Inc., has completed its purchase of the decorative coatings and adhesives business unit of The Rhodia Group. The business produces emulsion and powder latexes, pressure sensitive adhesives and anti-foam agents, acrylic resins and coating latexes for various applications and markets from eight locations in Europe, Latin America ......
- Hexion Specialty Chemicals completes purchase of
coatings and adhesives business from the Rhodia
Group.
Hexion Specialty Chemicals, Inc., a producer of thermoset resins, announced it has completed its purchase of the decorative coatings and adhesives business unit of The Rhodia Group. The business produces emulsion and powder latexes, pressure sensitive adhesives and anti-foam agents, acrylic resins and coating latexes for various applications and markets ......
- Divesting adhesives.
Akzo Nobel is planning to divest the company's polyurethane adhesives and system business to the Sika Group. The PUR business, which is part of Casco based in Fredensborg, Denmark, has a leading position within sandwich panel bonding systems for truck trailers and building facade panels, as well as bonding systems ......
- NEW CONTAINERS/MATERIALS.
New container line complements existing dispensing systems A new container line of 2.5 gallon, one gallon and half-gallon sizes complements an existing line of self-venting liquid dispensing systems. In the past, the dispensing systems were made to accommodate existing containers. But, because of manufacturing inconsistencies, the container neck finishes sometimes ......
- Resin hikes reflect higher feedstocks
Higher feedstock costs and fuel prices continue to combine with supply issues to spur price hikes in markets for plastic resins. Unprecedented surcharges—driven by spikes in prices for natural gas and related feedstocks—have been added to previously announced list price increases, pushing up prices for high, low and linear low ......