Grace Davison has donated $5,000 to the Federation of Societies for Coatings Technology's Coatings Industry Education Foundation (CIEF) "Project Tomorrow" scholarship and grants program for students pursuing careers as coatings scientists.
Akzo Nobel's International Paint business, reported to be the world's largest supplier of marine and protective coatings, formally initiated operations in Japan with the launch of International Paint Japan.
Dow Chemical's UCAR Emulsions Systems business unit announced plans to build a major new latex emulsions production plant, which the company said would be the largest in North America.
Cytec Industries Inc. announced a definitive agreement to purchase the Surface Specialties business of UCB Group in a cash and stock deal valued at 1.5 billion euros, or approximately $1.8 billion.
Akzo Nobel said it has joined the United Nations' Global Compact, an initiative designed to promote responsible global development and good corporate citizenship worldwide.
Akzo Nobel announced an agreement to sell its Ultra Violet/Electron Beam (UV/EB) Resins business to Cray Valley S.A., part of the Total Group of France. Terms were not disclosed.
Henkel Corp., the U.S.-based affiliate of the Henkel Group of Germany, announced an agreement to acquire Sovereign Specialty Chemicals Inc., an adhesives, sealants and coatings manufacturer based in Chicago, in a transaction valued at $575 million.
Akzo Nobel announced the establishment of a regional headquarters office in Shanghai in a move the company said marks a major milestone in its ongoing program of expansion in China.
Eric Von Knipe, a California businessman and entrepreneur, has acquired the Morwear paint brand from Smiland Paint Co. and has formed Morwear Manufacturing Inc.
The Protech Chemicals Group, based in Montreal, has acquired the Belgium-based powder-coatings manufacturer Oxyplast N.V. Financial terms were not announced.
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