Ciba Specialty Chemicals announced the acquisition of the remaining 50 percent stake in the Daihan Swiss Chemical Corp. in Korea for a consideration of 28.5 billion Korean won (CHF 30.5 million).
Celanese Corp. announced agreement to acquire Vinamul Polymers, the emulsion polymers business of ICI plc's National Starch and Chemical Co., for $208 million, pending regulatory approvals.
Coventry Coatings Corp., Garnerville, N.Y., has acquired North American Technologies, a New Jersey-based manufacturer of industrial coatings and specialty finishes.
The Industrial Coatings Division of SICO, the largest manufacturer of architectural paint and industrial coatings in Canada, has won the 2004 Innovation Grand Prize from the Association of Manufacturers of Transport Equipment and Special Vehicles (AMETVS) at the Association's Excellence Gala, held in Montreal on November 18.
Asian Paints (India) Ltd. announced plans to divest its 89.6% ownership stake in its Mauritius subsidiary Asian Paints (Mauritius) Ltd. in a plan to exit its operations in the country.
- Eastman Chemical Co. said the Chinese government has awarded the company a certificate of Environmental Labeling Type II, known in China as the "Green Label," for Texanol ester alcohol and TXIB plasticizer.
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