Top Industry News                                July 28, 2008 Issue

New Acquisitions Change Additives Supplier Structure in Asia 
According to the consulting firm Kusumgar, Nerlfi & Growney, Dow Chemical's recently announced acquisition of Rohm and Haas, and Ashland's of Hercules, will further concentrate the supplier structure of coating additives in Asia ... More  

Acquisition Action Report

3M to Acquire EMFI S.A. and SAPO S.A.
3M has entered into an agreement to acquire EMFI S.A. and SAPO S.A. (EMFI/SAPO), manufacturers of polyurethane-based structural adhesives and sealants headquartered in Haguenau, France ... More  

Protech/Oxyplast Group Adds Two New Companies
The Protech/Oxyplast Group of Montreal, Canada, has reached an agreement to purchase the powder coatings business and all the assets of Enviro-Powder Co. of Grand Rapids, MI, and the powder coatings business of Atomized Powder Coatings LLC of Terre Haute, IN ... More 

International Paint LLC Hires David Hood

International Paint LLC, a division of Akzo Nobel, has hired David Hood to serve as Marketing Analyst for the company's Houston-based Protective Coatings Division, North Americas ... More 

Wheelabrator Plus Names Nick Szczechowski

Wheelabrator Plus, a division of Wheelabrator Group, has hired Nick Szczechowski as an Account Manager for Wisconsin, Iowa and Illinois ... More

OBITUARY

Industry Loses William Gordon Welch

William Gordon Welch, 82, of Atlanta, GA, died July 17, 2008, of complications from pneumonia ... More 

Business Barometer

Positive Second-Quarter Results for Rohm and Haas
Rohm and Haas Co. has reported second-quarter 2008 sales of $2,567 million, a 17-percent increase over the same period in 2007, with Electronic Materials and the chemical businesses outside North America delivering strong growth ... More 

3M Reports Positive Second-Quarter Sales and Earnings
3M has announced second-quarter sales of $6.7 billion, an increase of 9.7 percent over second quarter of 2007 ... More  

Tronox Receives Approval for Credit Agreement Amendment
Tronox Inc. has received approval from its lenders for an amendment to its senior secured credit facility ... More 

Applied Manufacturing Technologies Opens Office in India
Applied Manufacturing Technologies, a supplier of factory automation design, engineering and process consulting services, has opened an office in Bangalore, Karnataka, India ... More 

Ashland Inc. Installs New Equipment
Ashland's Specialty Polymers & Adhesives business recently installed additional equipment valued at more than $2 million ... More

H.B. Fuller to Invest Further in Asia Pacific
H.B. Fuller Co. has announced that it will invest further in the Asia-Pacific region by building a new hot melt moisture cure (HMMC) and polyisobutylene (PIB) manufacturing facility in China ... More 

Cognis Sells Stake in Cognis Oleochemicals
Specialty chemicals supplier Cognis has announced the sale of its 50-percent stake in the Cognis Oleochemicals joint venture to PTT Chemical International Private Ltd ... More

Evonik Announces Price Increase for VESTAMIN^®

Evonik Industries' Coatings & Additives Business Unit has announced a price increase for the product group VESTAMIN^® in NAFTA by 8 percent, effective Oct. 1, 2008.  

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