DuPont Co. announced an agreement to sell its INVISTA textiles business, formerly DuPont Textiles & Interiors, to Koch Industries Inc.'s KED Fiber Ltd. and KED Fiber L.L.C. subsidiaries for $4.4 billion in cash.
The United States Conference of Mayors and DuPont Co. recently announced a program to award $1 million to cities that demonstrate lead-safety excellence in 2004.
DuPont Co. announced plans for a major restructuring program that will include employment reductions and other moves aimed at generating $450 million in cost savings this year and $900 million in savings in 2005.
The Nova Paint Club, an international organization of 14 independent coatings companies, has elected Ivan Hurtado, general manager of Inversiones Mundial, president of the club.
The Sherwin-Williams Co. has acquired the colorants product lines and related assets of Accurate Dispersions from Eastman Chemical Co. Terms were not disclosed.
Architectural-coatings manufacturers are urging the South Coast Air Quality Management District (SCAQMD) to reconsider the recent enactment of a rule that will prohibit the use of conventional paint thinners such as mineral spirits for cleanup functions involving architectural and industrial maintenance coatings.
Resolution Performance Products L.L.C., reported to be the world's largest producer of epoxy resins, announced a rationalization of certain solid epoxy resin products and a consolidation of its solid epoxy resins product line.
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