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Home » Topics » Breaking News » Company News

Company News
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Bayer MaterialScience LLC Purchases Business From Stepan Co.

September 1, 2008
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Bayer MaterialScience LLC, part of the global Bayer MaterialScience business, has purchased the pour-in-place, spray and molded polyurethane-foam-systems business of the Stepan Co. in the United States, Canada, South America and Mexico.
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PPG Acquires Vanex Inc.

September 1, 2008
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PPG Industries has acquired Vanex, Inc., of Mount Vernon, IL.
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Protech/Oxyplast Group Adds Two New Companies

September 1, 2008
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The Protech/Oxyplast Group of Montreal, Canada, has reached an agreement to purchase the powder coatings business and all the assets of Enviro-Powder Co. of Grand Rapids, MI, and the powder coatings business of Atomized Powder Coatings LLC of Terre Haute, IN.
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Cognis Sells Pulcra Chemicals Business

September 1, 2008
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Specialty chemicals supplier Cognis has signed an agreement to sell its Pulcra Chemicals subsidiary to Germany-based Fashion Chemicals GmbH & Co. KG (Fashion Chemicals) for €26.3 million.
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Ashland to Acquire Hercules in $3.3-Billion Deal

September 1, 2008
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Ashland Inc. has announced it will buy Hercules Inc. The deal is valued at approximately $3.3 billion and is expected to close by the end of 2008.
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Perstorp Acquires Rhodia and Lyondell Units

September 1, 2008
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Perstorp has acquired the specialty chemicals operation from Rhodia Organics and Lyondell Chimie TDI SCA, a LyondellBasell subsidiary.
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3M to Acquire EMFI S.A. and SAPO S.A.

September 1, 2008
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3M has entered into an agreement to acquire EMFI S.A. and SAPO S.A. (EMFI/SAPO), manufacturers of polyurethane-based structural adhesives and sealants headquartered in Haguenau, France.
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Cognis Sells Stake in Cognis Oleochemicals

September 1, 2008
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Specialty chemicals supplier Cognis has announced the sale of its 50-percent stake in the Cognis Oleochemicals joint venture to PTT Chemical International Private Ltd. (PTT Chemical International), a Singapore-based wholly owned subsidiary of PTT Chemical Public Co. Ltd. (PPT Chemical).
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AMT Opens Office in India

September 1, 2008
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Applied Manufacturing Technologies (AMT), a supplier of factory automation design, engineering and process consulting services, has opened an office in Bangalore, Karnataka, India.
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Dow Reichhold Relocates Offices in Malaysia

September 1, 2008
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Dow Reichhold Specialty Latex has announced the relocation of its offices in Penang, Malaysia.
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