BASF announced an agreement to acquire resins manufacturer Johnson Polymer, a subsidiary of JohnsonDiversey Inc. of Sturtevant, Wis., a U.S. cleaning and hygiene products manufacturer. The respective agreement signed on May 1, 2006, provides for a sale price of $470 million on a cash and debt-free basis.
Swiss-based Ciba Specialty Chemicals has entered into a definitive agreement to sell its Textile Effects business to Huntsman Corp. for a consideration of CHF 332 million in cash and assumed debt.
Ball Corp. has acquired the U.S. and Argentinean operations of U.S. Can Corp., adding to Ball's portfolio of packaging products and making Ball the largest supplier in the United States of aerosol cans.
n an effort to take over Engelhard Corp., BASF Aktiengesellschaft, through its wholly owned subsidiary, Iron Acquisition Corp., extended the expiration date of its cash tender offer for all of the issued and outstanding shares of common stock of Engelhard until April 14.
The International Paint and Printing Ink Council (IPPIC), holding a NGO consultative status with the United Nations, has held its first global forum on marine coatings in Tokyo.
Because of the many news reports - and the sometimes confusing and conflicting stories - coming out of New Orleans since Hurricane Katrina, the FSCT felt it imperative that its exhibitors and attendees receive a report on the status of the city and its recovery efforts.
According to a notice published in the Federal Register on March 8, 2006, the U.S. Environmental Protection Agency (EPA) will decide by late September 2007 whether to propose a new air-quality standard for lead.
H.B. Fuller Company has entered into an asset purchase agreement with Henkel KGaA under which Fuller will acquire Henkel's insulating-glass sealant business.
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