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The Dow Chemical Company and Crystalsev, of Sao Paulo, Brazil, have signed a memorandum of understanding to form a joint venture that will design and build a facility in Brazil to manufacture polyethylene from sugar cane.

Kemira has initiated a process to evaluate strategic alternatives for its business units Pigments and Chemidet, with the objective of increasing the company’s focus on its core businesses.

Eason Paint Public Company Ltd. and Watson Standard Company have signed contracts for the formation of a joint venture between the two companies.

ALTANA AG, which now concentrates on the specialty chemicals business, signed a contract to acquire the worldwide effect pigments business of the British company Wolstenholme Group Ltd.

 Rohm and Haas Company has finalized the sale of its European Automotive Coatings business, including its manufacturing site in Strullendorf, Germany, to the Mader Group, an independent manufacturer of hi-tech industrial paints and coatings based in Lille, France.

 Hexion Specialty Chemicals, an Apollo Management portfolio company, will acquire Huntsman Corporation, outbidding Basell AF.

Buckingham Capital Partners II, L.P. has acquired ISOCHEM, Inc. of Lockport, NY, a U.S. subsidiary of GROUPE SNPE, Paris.

Cognis Functional Products recently presented the 2006 Dome Award to Archway Sales Inc., St. Louis.

LORD Corporation has a new network for the distribution of its aerospace and industrial coatings line.

Reichhold has been named the top alkyd resin supplier in Brazil for the ninth time at the 11th annual Paint & Pintura Awards, an event that recognizes excellence among suppliers to the paint and coatings industry in Brazil.