DuPont Performance Coatings announced agreements with Beijing Red Lion Coatings Co. Ltd. of China, forming two automotive coatings joint ventures based in Beijing and Changchun, China.
Akzo Nobel announced plans to build a new architectural-coatings production facility in China, with construction scheduled to begin by the end of the year.
Air Products and Chemicals Inc. and Nanotechnologies Inc. announced a joint development agreement and an equity investment by Air Products in Nanotechnologies aimed at commercial development efforts in select strategic market segments.
Columbian Chemicals Co. announced a global reorganization and the creation of a new Marketing, Sales and Carbon Black Technology group that combines the company's Marketing and Sales groups with the Product Development and Technical Service groups.
Huntsman Corp. announced that MatlinPatterson Global Opportunity Partners completed a restructuring of Vantico and the transfer of the business to HMP Equity Holdings, MatlinPatterson's partnership with Huntsman L.L.C.
Bran+Luebbe, Lightnin and Waukesha Cherry-Burrell have merged to create a new company, SPX Process Equipment, a supplier of process equipment and systems based in Delavan, WI.
X-Rite Inc. has acquired the assets of Monaco Systems, a Massachusetts-based supplier of color-management software for the graphic-arts and photo markets, in a cash and stock transaction totaling $10.6 million.
Cytec Industries Inc. announced agreements with Mitsui Chemicals Inc. in which Cytec will acquire 100% of the two companies' ownership interests in the Mitsui-Cytec Ltd. joint venture.
A team of 26 employees at BASF's coatings technical-support center in Whitehouse, OH, are working to attract bluebirds and other wildlife to the facility's 20-acre site, in partnership with the Wildlife Habitat Council's "Wildlife at Work" program.
Huron Capital Partners L.L.C., a Detroit-based private equity firm, announced the launch of a partnership with industry executives Frederick A. Quinn and Carol E. Bramson with the objective of acquiring companies in the coatings, adhesives, polymers, and thermoplastics industries.
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