ICI plc announced an agreement to sell its 30% stake in the Huntsman International Holdings joint venture to CSFB Global Opportunities Partners L.P. for ¿295 million, or approximately $430 million.
Rohm and Haas Co.'s Morton Powder Coatings division announced the launch of a research and development alliance with Cyclics Corp. to develop low-viscosity powder-coating formulations using Cyclics' CBT resins. Morton said the agreement will target the development of thinner-film thermoplastic coatings.
The American Chemical Society's Division of Polymeric Materials: Science and Engineering (PMSE) has issued an invitation for nominations for the Roy W. Tess Award in Coatings.
Noveon Inc. announced the acquisition of technology and other assets from American Finish & Chemical Co. as part of a strategy to expand its Performance Coatings business.
Day-Glo Color Corp., Cleveland, has acquired the fluorescent pigment business unit of Sun Chemical Corp. in a transaction involving the transfer of inventory, equipment and intellectual property.
The Dutch Boy Paint business of The Sherwin-Williams Co., Cleveland, has introduced a "Twist & Pour" all-plastic gallon container with a twist-off lid, side handle and pour spout.
An alliance of chemical-industry trade associations and companies named the Chemicals Sector Cyber-Security Information Sharing Forum said it is endorsing an industry cyber-security strategy that focuses on risk management and reduction.
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