Specialty chemicals supplier Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary to Germany-based Fashion Chemicals GmbH & Co. KG (Fashion Chemicals) for EUR 26.3 million.
Over 2800 attendees from over 41 different countries attended the Asia Pacific Coatings Show 2008, held at the Kuala Lumpur Convention Center in Malaysia from June 24–26, 2008.
The Center for the Polyurethanes Industry (CPI) of the American Chemistry Council (ACC) has issued a market survey report detailing production and end-use application statistics, historical trends, and issues for polyurethane coatings, adhesives, sealants and elastomers (CASE) in the North American Free Trade Agreement (NAFTA) countries.
Eastman Chemical Co. has announced new appointments in its Performance Chemicals and Intermediates (PCI) and Coatings, Adhesives, Specialty Polymers and Inks (CASPI) business segments.
In another deal in the chemicals industry in as many days, Ashland Inc. has announced it will buy Hercules Inc. The deal is valued at approximately $3.3 billion, or $23.01 per Hercules share, and is expected to close by the end of calendar 2008.
The Dow Chemical Co. and Rohm and Haas have announced a definitive agreement under which Dow will acquire Rohm and Haas for an estimated $15.4 billion.
Specialty chemicals company Perstorp is following up its recent expansion with the acquisition of the specialty chemicals operation from Rhodia Organics and Lyondell Chimie TDI SCA, a LyondellBasell subsidiary, including the production of TDI, HDI and HDI derivatives.
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