PPG Industries has earned a fifth PACE Award in six years for its collaboration with General Motors on development of an environmentally friendly, color-specific powder primer.
BASF announced an agreement to acquire resins manufacturer Johnson Polymer, a subsidiary of JohnsonDiversey Inc. of Sturtevant, Wis., a U.S. cleaning and hygiene products manufacturer. The respective agreement signed on May 1, 2006, provides for a sale price of $470 million on a cash and debt-free basis.
Swiss-based Ciba Specialty Chemicals has entered into a definitive agreement to sell its Textile Effects business to Huntsman Corp. for a consideration of CHF 332 million in cash and assumed debt.
Ball Corp. has acquired the U.S. and Argentinean operations of U.S. Can Corp., adding to Ball's portfolio of packaging products and making Ball the largest supplier in the United States of aerosol cans.
n an effort to take over Engelhard Corp., BASF Aktiengesellschaft, through its wholly owned subsidiary, Iron Acquisition Corp., extended the expiration date of its cash tender offer for all of the issued and outstanding shares of common stock of Engelhard until April 14.
H.B. Fuller Company has entered into an asset purchase agreement with Henkel KGaA under which Fuller will acquire Henkel's insulating-glass sealant business.
Utek Corp., a U.S.-based technology-transfer company, and Trio Industries Group, Inc., an integrated manufacturer of finished household-cabinet components that will utilize surface-coating finishing and manufacturing processes, announced that Trio Industries Group has acquired Ultra Fine Coating Systems, Inc., a wholly owned subsidiary of Utek Corp., in a stock transaction.
Air Products is instigating a series of strategic initiatives to strengthen and expand its growth platforms, improve its return on capital and return value to its shareholders.
RSS