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Dow Reichhold Specialty Latex, a 50/50 joint venture between The Dow Chemical Co. and Reichhold Inc., has announced the planned sale of certain business assets, the permanent closure of all facilities and the intention to cease all business activities before the end of 2008.

PPG Industries has celebrated the opening of its new automotive coatings plant in Wuhu, China.

Troy Corp. has announced that the European Parliament has included IPBC as an active substance in Annex 1.

Bayer MaterialScience LLC, part of the global Bayer MaterialScience business, has purchased the pour-in-place, spray and molded polyurethane-foam-systems business of the Stepan Co. in the United States, Canada, South America and Mexico.

PPG Industries has acquired Vanex, Inc., of Mount Vernon, IL.

The Protech/Oxyplast Group of Montreal, Canada, has reached an agreement to purchase the powder coatings business and all the assets of Enviro-Powder Co. of Grand Rapids, MI, and the powder coatings business of Atomized Powder Coatings LLC of Terre Haute, IN.

Specialty chemicals supplier Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary to Germany-based Fashion Chemicals GmbH & Co. KG (Fashion Chemicals) for €26.3 million.

Ashland Inc. has announced it will buy Hercules Inc. The deal is valued at approximately $3.3 billion and is expected to close by the end of 2008.

Perstorp has acquired the specialty chemicals operation from Rhodia Organics and Lyondell Chimie TDI SCA, a LyondellBasell subsidiary.

3M has entered into an agreement to acquire EMFI S.A. and SAPO S.A. (EMFI/SAPO), manufacturers of polyurethane-based structural adhesives and sealants headquartered in Haguenau, France.