Sico Inc., a major Canadian coatings manufacturer, announced a definitive agreement to acquire Betonel Ltd., a Quebec-based manufacturer and retailer of architectural coatings, in a cash and stock transaction valued at $13.5 million.
Akzo Nobel Coatings has acquired Qu¿ca Borden Ecuatoriana S.A., reported to be the top producer of adhesives and resins for the woodworking industry in Ecuador, from Borden Chemical Holding Inc. of the United States.
Arch Chemicals Inc. has acquired Butler Mabbutt & Wrighton (BM&W), a producer of finishes for wood, leather and plastic products, and the Industrial Division of Humbrol Ltd., a manufacturer of varnishes, textured finishes and various other industrial coatings.
Rohm and Haas Co. has acquired the Megum rubber-to-metal bonding business of Chemetall Co. of Frankfurt, Germany, including Chemetall's subsidiaries in Italy and Brazil.
Lyondell Chemical Co., Houston, announced a restructuring of its toluene diisocyanate (TDI) business and the planned shutdown of its U.S. aliphatic diisocyanate (ADI) manufacturing units as the company moves toward an exit from the ADI business next year.
The ChemQuest Group Inc., Cincinnati, and Indigo B2B announced an e-commerce strategy and implementation alliance involving marketing, sales and business development for companies in the specialty chemicals industry.
The Sherwin-Williams Co., Cleveland, and Martha Stewart Living Omnimedia Inc., New York, announced an agreement to market a new line of paints sold under the Martha Stewart Signature brand name.
Hoover Color Corp., Hiwassee, VA, has appointed Kohl Marketing Inc., Roswell, GA, sales representative for Hoover Color's pigment product line in Florida.
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