The Dow Chemical Company plans to build a new phenolic glycol ether production unit in Freeport, Texas, to meet the changing needs of its performance-solvents customers.
Rohm and Haas Company intends to consolidate its North American Powder Coatings operations into two sites, closing its Wytheville, Va., plant by the first quarter of 2006.
In addition, BYK-Chemie USA Inc., Wallingford, Conn., recently received the 2005 Frost & Sullivan Product Line Strategy Leadership Award for offering the most comprehensive product portfolio to the U.S. paint additives market.
Major Japanese paint manufacturer, Kansai, has initiated the process to hike its equity stake in the second-largest Indian paint company, Goodlass Nerolac, by 15 percent.