The Dow Chemical Co. announced an agreement to acquire the acrylates business of Celanese AG, a purchase that includes inventory, intellectual property and technology for crude acrylic acid, glacial acrylic acid, ethyl acrylate, butyl acrylate, methyl acrylate and 2-ethylhexyl acrylate.
BASF has named Rainer Michael Blair Group vice president, Coatings, for North America, with responsibility for BASF's Coatings business in North America and global responsibility for the business's Automotive OEM Coatings unit.
Eastman Chemical Co. announced plans to pursue “strategic alternatives” in an effort to improve the profitability of its coatings, adhesives, specialty polymers and inks (CASPI) segment.
HALOX, a division of the Hammond Group Inc., has acquired the IRGACOR organic corrosion-inhibitor business from Ciba Specialty Chemicals. Terms were not disclosed.
Leslie P. Trinity and James Natalini have acquired the assets of Agate Lacquer Mfg. Co. Inc., Long Island City, NY, and will operate the business as Agate Lacquer Tri-Nat L.L.C.
Akzo Nobel announced plans to build an international R&D center in Pontiac, MI, for the company’s Car Refinishes business, and said the site will play a “major role in the development of new products for the global and regional refinishes markets.”
Fluid Enterprises, a subsidiary of St. Louis-based Harbour Group Ltd., has acquired JASCO Chemical Corp., a manufacturer of paint removers and surface-preparation products based in Santa Ana, CA.
Akzo Nobel said it has placed three of its Chemical businesses, including its Coatings Resins unit, on the sale block as part of recently announced restructuring moves. The company said it also will seek to divest its Catalysts and Phosphorous Chemicals businesses.
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