Imperial Chemical Industries PLC has reached an agreement to sell its oleochemicals and surfactants business, Uniqema, based in Gouda, the Netherlands, to Croda International PLC for a gross consideration of £410 million, subject to closing balance-sheet adjustments, including working capital and net debt.
Ciba Specialty Chemicals has sold its Textile Effects business to Huntsman Corp., The Woodlands, Texas, for a consideration of CHF 332 million, consisting of cash and assumed debt of CHF 75 million.
ICI Paints, an international leader in the distribution and manufacture of high-quality paints including Glidden and Ralph Lauren, is working with Long Painting, a Columbus-area painting contractor, to repaint the Ohio governor's mansion with a fresh coat of This Old House paint.
Cytec Industries Inc. plans a new production unit to manufacture RADCURE™ epoxy and urethane acrylates at the company's Fengxian-site production facility near Shanghai, China.
Plasticolors, Inc., a leading supplier of pigment and chemical dispersions to the paint and coatings industry, recently received three awards from the Ashtabula County Safety Council for its outstanding safety record and ongoing safety initiatives.
The U.S. Environmental Protection Agency (EPA), Washington, has analyzed the environmental performance of major U.S. manufacturing and service sectors, including paint and coatings, in its Second Edition of the Sector Strategies Performance Report, published this year.
Tens of thousands of people have benefited from an initiative by Akzo Nobel, which, since it was launched in June of last year, has made €10 million available to support deserving community projects all over the world.
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