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Home » Topics » Breaking News

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Rohm and Haas Continues Restructuring Program; Authorizes Repurchase of Its Common Stock

February 1, 2005
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Rohm and Haas Co. said it will incur a fourth-quarter pretax charge of approximately $18 million for cash severance and employee-separation benefits affecting an estimated 200 employment positions that will be eliminated as part of an ongoing restructuring program.
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Industry Mourns Passing of Edwin Bigelow

February 1, 2005
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Edwin Bigelow passed away on December 1, 2004, at the age of 68. In 1955, he launched a lifetime career when he began working in resin synthesis at Freeman Chemical in Port Washington, Wis.
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Clariant Opens New Technical Service Center in Shanghai

February 1, 2005
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On December 15, 2004, Clariant opened its new Technical Service Center in the Caohejing High Tech Park in Shanghai, adding another milestone to its presence in China.
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Akzo Nobel's New Decorative Coatings Plant in Vietnam Up and Running

February 1, 2005
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Paint has officially started to flow off the production line at Akzo Nobel's new decorative coatings plant, just seven months after construction work began.
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Coventry Coatings Moves to New Headquarters

February 1, 2005
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Coventry Coatings Corp. announced the purchase of a 24,000-square-foot building in the Town of Newburgh, a major crossroads in New York State's Orange County.
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Dancers Celebrate Eastman's New Chinese Plant Opening

February 1, 2005
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Dancers performed a traditional Chinese Lion Dance as part of the opening ceremony at the Qilu Eastman Specialty Chemicals, Ltd., plant located in China's Shandong Province.
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Ultraviolet Systems and BASF Develop 3-D UV-Curing System

February 1, 2005
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Ultraviolet Systems has introduced a low-cost, low-energy, environmentally friendly and efficient 3-D curing system using UV energy and the patented Larolux® process from BASF.
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JPMorgan Plans to Acquire PQ Corp., Maker of Silicates for Highway Paint

February 1, 2005
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JPMorgan Chase & Co.'s private equity arm, JPMorgan Partners, said it would buy PQ Corp., a privately held chemicals company.
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Appeals Court Rules in Favor of Glidden Co. in Insurance Coverage Dispute Over Lead Paint

February 1, 2005
No Comments
On December 18, 2004, Cleveland's Plain Dealer reported that an Ohio appeals court ruled in favor of Glidden Co. in an insurance coverage dispute.
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Ciba Specialty Chemicals Acquires Remaining 50% Stake in Daihan Swiss of Korea

January 1, 2005
No Comments
Ciba Specialty Chemicals announced the acquisition of the remaining 50 percent stake in the Daihan Swiss Chemical Corp. in Korea for a consideration of 28.5 billion Korean won (CHF 30.5 million).
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