The Bayer AG board of management has approved an investment package totaling €700 million, which Bayer MaterialScience AG, Leverkusen, Germany, will use to expand its capacities for key products.
BASF is building an alkylethanolamine (AEOA) plant at its U.S. Verbund site in Geismar, La. The new plant, scheduled to come on line in 2007, complements existing amine production facilities at Geismar.
Tronox Incorporated marked its first day as an independent company on March 31, following the completion of the distribution by Kerr-McGee Corp. of its shares of Tronox Incorporated Class B common stock to Kerr-McGee shareholders.
Reichhold, Prosim and Ege Kimya have jointly announced the creation of a strategic alliance in Turkey in the fields of saturated polyester resins for powder coatings and unsaturated polyester resins for composites applications.
Insl-x Superior Coating Systems, manufacturer of specialty paints and coatings, Stony Point, N.Y., and Eliokem, a leading global specialty-resin manufacturer, Villejust, France, have a joint initiative to promote ODORLESS Primer/Sealer, Insl-x's low-odor stain killer.
DuPont, Wilmington, Del., and Russkie Kraski Corp. have created a joint venture aimed at supplying automotive coatings to manufacturers of automobiles and commercial vehicles in Russia and former Soviet republics in Eastern Europe.
Cognis Deutschland GmbH & Co. KG and Golden Hope Plantations Berhad, Malaysia, announced that the transfer of Cognis' global oleochemicals and plastics technology businesses to the existing 50:50 joint venture between the two companies, Cognis Oleochemicals (M) Sdn. Bhd., has now been completed.
H.B. Fuller Company and Roanoke Companies Group, Inc., have entered into an asset purchase agreement under which a subsidiary of H.B. Fuller will acquire substantially all the assets of Roanoke and assume certain operating liabilities.
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