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Home » Topics » Breaking News » Company News

Company News
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Avecia to Sell Additives Business to Lubrizol Corp.

February 1, 2004
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Avecia announced a definitive agreement to sell its Additives business, part of the company's Specialty Products portfolio, to The Lubrizol Corp. for an undisclosed price.
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Lasting Paints Auction

January 8, 2004
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Lasting Paints Auction
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BASF Forecasts Bold Auto Colors Accented by ‘Glitz' of Effect Finishes

January 1, 2004
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BASF's automotive-coatings color forecasters say car buyers will look to shake the "conservative, comforting" colors of the past few years in favor of more "lively, exuberant and exotic" colors.
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DuPont Announces Agreement to Sell INVISTA Unit to Koch Industries

January 1, 2004
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DuPont Co. announced an agreement to sell its INVISTA textiles business, formerly DuPont Textiles & Interiors, to Koch Industries Inc.'s KED Fiber Ltd. and KED Fiber L.L.C. subsidiaries for $4.4 billion in cash.
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Company News In Brief - January 2004

January 1, 2004
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DuPont to Cut Work Force, Take Other Restructuring Actions

January 1, 2004
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DuPont Co. announced plans for a major restructuring program that will include employment reductions and other moves aimed at generating $450 million in cost savings this year and $900 million in savings in 2005.
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Sherwin-Williams Co. Acquires Accurate Dispersions from Eastman Chemical

January 1, 2004
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The Sherwin-Williams Co. has acquired the colorants product lines and related assets of Accurate Dispersions from Eastman Chemical Co. Terms were not disclosed.
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Resolution to Revamp Epoxy Product Line

January 1, 2004
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Resolution Performance Products L.L.C., reported to be the world's largest producer of epoxy resins, announced a rationalization of certain solid epoxy resin products and a consolidation of its solid epoxy resins product line.
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Professional Paint's Frazee Unit Acquires Classic Paint Stores in Arizona

January 1, 2004
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Professional Paint Inc.'s Frazee Industries subsidiary has acquired the non-manufacturing assets of Classic Paint, an Arizona-based company that operates retail stores in Prescott Valley, Prescott, Kingman, and Bullhead City, AZ.
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Plasticolors Inc. Acquires Spartan Color Corp. Assets

December 1, 2003
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Plasticolors Inc. announced the purchase of the assets of Spartan Color Corp.'s product lines, including the Spartacryl universal color concentrates. The purchase price was not disclosed.
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