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International Specialty Products announced a restructuring of business operations in Europe.

Witco Corp. and Crompton & Knowles Corp. completed their previously announced merger, creating CK Witco Corp.

Wattyl of Sydney, Australia, has acquired Wasser High-Tech Coatings of the United States.

The board of directors of Rhône-Poulenc S.A. approved a plan to divest the company’s 67.e% stake in Rhodia.

After initially resisting a takeover bid by Alcoa Inc., Reynolds Metals Co. agreed to be acquired by the world’s biggest aluminum company in a deal valued at approximately $5 billion.

The Paint Research Association of Teddington, UK, has acquired the publication rights to European Paint and Resin News from Information Research.

Geon has acquired Dennis Chemical.

Cytec Industries announced a definitive agreement to acquire the amino coating resins business of BIP Ltd. for approximately £26.5 million ($42.4 million).

SOUTHCHEM has been appointed a distributor for BASF Corp.’s Specialty Products Group.

Sherwin-Williams Automotive Finishes announced its entry into the European marketplace with the launch of its “Sunfire” line of finishes.