The Sherwin-Williams Co. has acquired a majority interest in Shanghai Kinlita Chemical Co. Ltd., a Shanghai, China-based manufacturer of electrodeposition OEM coatings for trucks and buses.
DuPont Co. announced plans to reduce its worldwide work force by 6%, or 3,500 positions, by the end of 2004 as part of a $900 million cost-cutting program announced late last year.
ICI Paints announced a three-month program encouraging customers and employees of the company's eight Cleveland-area stores to support the Red Cross's "Together, We Prepare" initiative.
Employees at BASF's Whitehouse, OH, coatings site turned a fading 1985 Chevrolet Corvette into this colorful rolling ambassador of the Lucas County, Ohio, Drug Abuse Resistance Education (D.A.R.E.) program using a new BASF color dye system called "Carizzma."
Science and technology institute Battelle and the Ohio Soybean Council recently received an "R&D 100" Innovation Award for the development of soy-based toner for use in laser printers, copy machines and fax machines.
The Sherwin-Williams Co. announced a definitive agreement to acquire 100% of the stock of Duron Inc. in a transaction valued at $253 million plus the assumption of "certain financial obligations."
BASF announced plans to phase out coatings production at the company's Batavia, IL, site and transfer production to facilities in Belvidere, NJ; Decatur, AL; and Morganton, NC, by the end of this year.
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