ALTANA Electrical Insulation, a business unit of ALTANA Chemie AG, announced the start of operations of a production plant in Zhuhai, Guangdong Province, China.
Akzo Nobel announced plans to sell its Coatings Resins business to Nuplex Industries Ltd. of New Zealand for 110 million euros, or approximately $137 million.
The Valspar Corp.'s board of directors authorized the repurchase of up to 2 million shares of the company's outstanding common stock, or 3% of the total of outstanding shares, over a 12-month period.
The Dow Chemical Co. and its affiliated companies in Europe announced the full resumption of acrylates production operations in Boehlen, Germany, and Clear Lake, Texas, where equipment failures caused sudden, unplanned outages in September.
Bayer MaterialScience AG announces the start of construction of polyurethane and coatings raw materials production plants near Shanghai, with the plants scheduled to begin production in 2006.
DSM Eternal Resins, Kunshan, China, announced plans for a production expansion for polyester powder-coatings resins, with new capacity expected to go on stream in the second half of 2005.
Sico Inc. has sold its 50% stake in the Sico-Becker joint venture business to its European partner, Becker Industrie S.A., in a move Sico said reflects a plan to boost profits and focus on the North American market.
The Wildlife Habitat Council announced the certification of the comprehensive wildlife habitat management program at BASF's Coatings Technical Support Center in Whitehouse, Ohio.
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