Akzo Nobel N.V. and Sico Inc. jointly announced on June 1, 2006, that Sico shareholders holding approximately 97% of the outstanding Sico common shares on a fully diluted basis and all of the Sico Class B preferred shares have accepted the Offer dated April 25, 2006, of 9168-1528 Québec Inc.
The Dow Chemical Company has announced that its wholly owned subsidiary, Union Carbide Corporation, will invest in new ethyleneamine capacity that will significantly advance Dow's ability to meet market demand for the two largest-volume ethyleneamine homologues globally and in North America - ethylenediamine (EDA) and diethylenetriamine (DETA).
The Coating Resins and Construction Chemicals businesses of Hexion Specialty Chemicals announced its new distribution network designed to enhance support and service to customers in North America.
Perstorp AB, a world leader in niche specialty chemicals, recently opened a new R&D center in Vapi, India, that is ready to serve the specific needs of the specialty chemicals market in Asia.
PPG Industries is expanding its presence in the Chinese architectural coatings market with an agreement to acquire certain assets of Shanghai Sunpool Building Material Co., Ltd., and its associated companies, including Shanghai IDI International Co., Ltd., and a group of Shanghai-based businesses that manufacture and distribute coatings and building materials.
rofessional Paint, Inc. (PPI), the U.S. subsidiary of Comex (Consorcio Comex S.A. de C.V.) recognized as the leading paint and coatings manufacturer in Latin America, has acquired, through a wholly owned subsidiary, the operating assets of Color Wheel Paint Mfg. Co., Inc. (Color Wheel).
A management team led by members of the company's founding family has regained control of Conbraco Industries, Inc., the valve manufacturer headquartered in Matthews, N.C., since 1955.
X-Rite, Incorporated, a global leader in color-management technology, received the president's "E Star" Award for outstanding performance in increasing exports.
Cambridge Applied Systems has changed its name to Cambridge Viscosity, Inc. Cambridge manufactures and markets a full range of inline and in-vessel viscometers for in-process and laboratory use.
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